Insider Sell: Peter Davis Sells 500 Shares of Steven Madden Ltd (SHOO)

Author's Avatar
Nov 26, 2024
Article's Main Image

On November 25, 2024, Peter Davis, a Director at Steven Madden Ltd (SHOO, Financial), sold 500 shares of the company. Following this transaction, the insider now owns 7,757 shares of the company. The details of this transaction can be found in the SEC Filing. Steven Madden Ltd is a leading designer and marketer of fashion-forward footwear, accessories, and apparel for women, men, and children. The company is known for its trendsetting styles and innovative designs. 1861228712960356352.png Over the past year, Peter Davis has sold a total of 2,100 shares and has not purchased any shares. The insider transaction history for Steven Madden Ltd indicates that there have been 0 insider buys and 11 insider sells over the same period. 1861228791213486080.png On the day of the recent sale, shares of Steven Madden Ltd were trading at $45.39, giving the stock a market cap of $3.278 billion. The company's price-earnings ratio stands at 19.32, which is higher than the industry median of 19.11 and also higher than the company’s historical median price-earnings ratio. With a price of $45.39 and a GuruFocus Value of $45.49, Steven Madden Ltd has a price-to-GF-Value ratio of 1, indicating that the stock is fairly valued 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.

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.