On October 1, 2024, William Werner, Executive Vice President, Strategy & Development at BJ's Wholesale Club Holdings Inc (BJ, Financial), sold 891 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 31,308 shares of the company.
BJ's Wholesale Club Holdings Inc operates as a membership-only warehouse club chain in the United States, primarily on the East Coast. The company offers a variety of products, including groceries, household items, and electronics, providing significant savings through bulk purchases and exclusive member services.
Over the past year, William Werner has sold a total of 59,328 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within the company, where there have been 23 insider sells and only 1 insider buy over the same timeframe.
Shares of BJ's Wholesale Club Holdings Inc were trading at $82.54 on the day of the sale. The company has a market cap of approximately $11.35 billion. The price-earnings ratio stands at 22.13, which is above both the industry median of 16.17 and the company's historical median.
The stock's valuation according to the GF Value is $79.39, leading to a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale comes at a time when the stock is perceived as fairly valued, suggesting that the insider might be responding to personal portfolio management needs rather than a negative outlook on the company's valuation or future performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
