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Travel + Leisure Co (NYSE: TNL ), a leading provider of leisure travel services, reported an insider transaction, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). Chief Human Resources Officer Kimberly Marshall sold 4,953 shares of the company’s stock on March 10, 2024. The transaction was executed at an average price of $45.24 per share, for total sales of $223,997.72. Following the sale, insiders’ holdings in Travel+Leisure Co decreased, reflecting the insiders’ change in their position within the company. In the past year, this insider sold a total of 4,953 shares and bought no shares. This latest deal continues a trend observed over the past year, with Travel+Leisure Co dominated by in-house sales activity. The company’s insider trading history shows 1 insider purchase and 11 insider sales in the same time frame.
In terms of valuation, Travel+Leisure Co’s shares were trading at $45.24 on the day of the latest insider sales, giving the company a market capitalization of $3.209 billion. The price-to-earnings ratio is 8.49, which is lower than the industry median of 20.65 and also lower than the company’s historical price-to-earnings ratio median. The stock’s price relative to its intrinsic value suggests Travel+Leisure Co is moderately undervalued, according to GuruFocus’s GF value estimate. The price is $45.24, the GF value is $54.48, and the price to GF value ratio is 0.83.
GF Value is determined by considering historical trading multiples (such as price-to-earnings, price-to-sales, price-to-book, and price-to-free cash flow) as well as GuruFocus adjustment factors based on the company’s past returns and growth, as well as Morningstar analyst expectations for the future Forecasting of business performance. Investors and analysts who monitor insider transactions, such as those made by insiders, may view such sales as a signal of insider confidence in the company’s current valuation and future prospects. However, it is important to consider that insider trading can be motivated by a variety of factors and may not always be a clear indication of a company’s financial health or future performance.
This article was generated by GuruFocus and is intended to provide general insight and is not tailored financial advice. Our commentary is rooted in historical data and analyst forecasts, employs an unbiased methodology, and is not intended to serve as specific investment guidance. It does not make a recommendation to purchase or divest any stock and does not take into account personal investment objectives or financial situation. Our goal is to provide long-term, fundamental data-driven analysis. Please note that our analysis may not include the latest, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.
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