On November 20, 2024, Neil Blumenthal, Director at Sweetgreen Inc (SG, Financial), sold 22,220 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 90,417 shares of the company.
Sweetgreen Inc (SG) is a company that focuses on providing healthy, fast-casual dining options. The company is known for its emphasis on sustainability and locally sourced ingredients, offering a variety of salads, bowls, and other nutritious meals.
The insider transaction history for Sweetgreen Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 54 insider sells over the same timeframe. This trend indicates a pattern of selling activity among insiders.
On the day of Neil Blumenthal’s recent sell, shares of Sweetgreen Inc were trading for $37.9 apiece. This gives the stock a market cap of $5.020 billion. With a price of $37.9 and a GuruFocus Value of $24.98, Sweetgreen Inc has a price-to-GF-Value ratio of 1.52. This means the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- 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.
