On November 22, 2024, Ernie Herrman, CEO & President of TJX Companies Inc (TJX, Financial), sold 19,149 shares of the company. Following this transaction, the insider now owns 516,999 shares of the company. The details of this transaction can be found in the SEC Filing.
TJX Companies Inc (TJX) is a leading off-price apparel and home fashions retailer in the United States and worldwide. The company operates through four main segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. It offers a wide range of merchandise, including apparel, home fashions, and other goods, at prices generally lower than those of department and specialty stores.
Over the past year, Ernie Herrman has sold a total of 151,453 shares and has not purchased any shares. The insider transaction history for TJX Companies Inc shows that there have been 0 insider buys and 17 insider sells over the same timeframe.
As of the day of the recent sale, shares of TJX Companies Inc were trading at $121.27 each, giving the stock a market cap of $137.002 billion. The company's price-earnings ratio stands at 28.58, which is higher than the industry median of 18.65 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $121.27 and a GF Value of $97.38, TJX Companies Inc has a price-to-GF-Value ratio of 1.25, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
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.
