On November 11, 2024, Green LTF Holdings II LP, a Director and 10% Owner, executed a significant transaction by selling 3,741,394 shares of Life Time Group Holdings Inc (LTH, Financial). Following this transaction, the insider now owns 852,250 shares of the company. Details of the transaction can be viewed on the SEC Filing.
Life Time Group Holdings Inc operates a chain of fitness centers, offering a wide range of services including personal training, group fitness classes, and other health and wellness amenities. The company aims to provide a comprehensive lifestyle experience to its members.
Over the past year, Green LTF Holdings II LP has sold a total of 7,316,394 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 13 insider sells and only 2 insider buys over the same period.
Shares of Life Time Group Holdings Inc were trading at $24.18 on the day of the transaction, giving the company a market cap of approximately $5.00 billion. The price-earnings ratio stands at 35.56, which is above the industry median of 19.54.
The stock's valuation, according to GF Value, is set at $21.73, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.11.
The GF Value is calculated considering 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 past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might draw the attention of current and potential investors, especially considering the insider's significant reduction in stake and the overall trend of insider transactions at the company.
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.
