On November 1, 2024, Doerr Thomas L Jr, Executive Vice President, General Counsel, & Secretary of Kontoor Brands Inc (KTB, Financial), executed a sale of 9,039 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 18,179.067 shares of Kontoor Brands Inc.
Kontoor Brands Inc, listed under the symbol KTB, is a global lifestyle apparel company, with its portfolio including renowned brands such as Wrangler and Lee. The company focuses on denim and apparel products, catering to a diverse market through a wide distribution network that spans multiple geographies and sales channels.
Over the past year, Doerr Thomas L Jr has sold a total of 9,039 shares and has not made any purchases of the company's stock. The insider transaction history for Kontoor Brands Inc shows a total of 5 insider sells and no insider buys over the same timeframe.
Shares of Kontoor Brands Inc were trading at $80.71 on the day of the insider's recent transaction. This price gives the company a market cap of approximately $4.65 billion. The price-earnings ratio of the stock stands at 19.92, which is above both the industry median of 19.18 and the company’s historical median.
According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, Kontoor Brands Inc has a GF Value of $47.66. With the current price of $80.71, the stock has a price-to-GF-Value ratio of 1.69, indicating that it is significantly overvalued.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider at Kontoor Brands Inc provides investors with a snapshot of the company's recent stock transactions and valuation metrics, offering insights into the stock's current market standing and perceived value.
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.
