As reported in a recent SEC filing, on April 30, 2024, Chief Technology and Transformation Officer Anuj Dhanda sold 100,000 shares of Albertsons Companies Inc (NYSE:ACI) stock. The stock was sold at a price of $20.35 per share.
Albertsons Companies Inc operates as a food and drug retailer in the United States. The company provides groceries, general merchandise, health and beauty care products, pharmacies, fuel, and other goods and services.
Over the past year, insiders sold a total of 100,000 shares, but bought no shares. This latest transaction marks the company's only insider sale in the past year.
As of the sale date, Albertsons Companies Inc. had a market capitalization of approximately $11.88 billion. The price-to-earnings ratio was 9.23, lower than both the industry median of 16.46 and the company's historical median.
The stock's GF Value is estimated at $21.85, with a Price to GF Value ratio of 0.93 suggesting the stock is fairly valued.
GF Value is calculated considering historical multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio, price-to-free cash flow, along with GuruFocus adjustment factors based on past earnings and growth and future business prospects. Masu. Earnings forecasts by Morningstar analysts.
This sale by an insider could be of interest to current and potential investors, as it provides insight into Albertsons Companies, Inc.'s insider credibility and stock valuation perception.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
