Insider Sale: Director Randel Owen Sells Shares of FirstCash Holdings Inc (FCFS)

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Nov 07, 2024

On November 6, 2024, Randel Owen, Director at FirstCash Holdings Inc (FCFS, Financial), sold 2,000 shares of the company at a price of $113.92 per share. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 7,888 shares of FirstCash Holdings Inc.

FirstCash Holdings Inc operates in the retail and financial services sector, primarily focusing on providing consumer pawn loans and retail merchandise sales. The company has a significant presence in both the United States and Latin America.

Over the past year, the insider has sold a total of 4,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 23 insider sells and no insider buys over the last year.

The shares of FirstCash Holdings Inc were trading at $113.92 on the day of the sale, giving the company a market cap of approximately $4.92 billion. The price-earnings ratio of the company stands at 20.36, which is above the industry median of 15.78.

According to the GF Value, the intrinsic value of FirstCash Holdings Inc is estimated at $123.28 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.92.

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This valuation is supported by historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes as estimated by analysts.

The sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and potential future stock movements.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.