On November 12, 2024, Douglas Shulman, President & CEO of OneMain Holdings Inc (OMF, Financial), executed a sale of 20,000 shares of the company at a price of $54.19 per share. This transaction was reported through an SEC Filing. Following this sale, the insider now owns 392,474 shares of the company.
OneMain Holdings Inc (OMF, Financial) specializes in consumer finance and insurance, providing personal loan products and insurance to customers across the United States.
Over the past year, Douglas Shulman has sold a total of 64,000 shares of OneMain Holdings Inc and has not purchased any shares. This recent transaction continues a trend observed over the past year, where there have been 15 insider sells and no insider buys.
Shares of OneMain Holdings Inc were trading at $54.19 on the day of the transaction, giving the company a market cap of approximately $6.54 billion. The price-earnings ratio of the stock stands at 11.99, which is below the industry median of 15.43.
The stock's GF Value is calculated at $46.28, indicating that with a current price of $54.19, OneMain Holdings Inc is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.17.
The GF Value is derived from historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at OneMain Holdings Inc.
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.
