On October 21, 2024, Eugenia Ulasewicz, a Director at Signet Jewelers Ltd (SIG, Financial), executed a sale of 3,333 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 26,085 shares of Signet Jewelers Ltd.
Signet Jewelers Ltd, a leading retailer of diamond jewelry, operates in multiple countries primarily under the name brands Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, and Piercing Pagoda. The company is known for its wide range of jewelry products including rings, necklaces, pendants, and watches.
Over the past year, Eugenia Ulasewicz has sold a total of 6,667 shares and has not made any purchases of the company's stock. This recent transaction follows a pattern observed within the company, where there have been 54 insider sells and no insider buys over the past year.
Shares of Signet Jewelers Ltd were trading at $99.63 on the day of the transaction. The company's market cap is approximately $4.12 billion. The price-earnings ratio of the stock stands at 10.84, which is below the industry median of 18.32, indicating a potentially lower valuation relative to its peers.
The stock's GF Value is set at $84.49, suggesting that with a current price of $99.63, Signet Jewelers Ltd is modestly overvalued. The price-to-GF-Value ratio is 1.18.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation metrics and market 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.
