Yahoo Finance Insider Sale: Director David Johnson Sells 23,000 Shares of Hilton Grand Vacations Inc (HGV)
On May 13, 2024, David Johnson, Director of Hilton Grand Vacations Inc (NYSE:HGV), executed a sale of 23,000 shares of the company. The transaction was filed on the same day with the SEC. This sale is part of a series of insider transactions noted over the past year, where there have been significantly more insider sales than buys within the company.
Hilton Grand Vacations Inc (NYSE:HGV) specializes in the development and management of high-quality vacation ownership resorts. The company offers a variety of services including sales, marketing, resort operations, and financing of vacation ownership interests.
On the date of the transaction, shares of Hilton Grand Vacations Inc were priced at $42.19. This pricing places the company's market cap at approximately $4.397 billion. The price-earnings ratio of the company stands at 19.75, slightly below the industry median of 19.92, indicating a competitive position within the industry relative to earnings.
The GF Value of Hilton Grand Vacations Inc is calculated at $58.38, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.72. This valuation is derived from historical trading multiples, an adjustment factor based on past performance, and future business performance estimates provided by Morningstar analysts.
The insider transaction trend for Hilton Grand Vacations Inc shows a predominance of sales over purchases among insiders, with 7 sales and only 1 buy over the past year. This could indicate various strategic decisions by insiders based on their individual assessments of the company's stock value and future prospects.
In summary, the insider, David Johnson, has been active in managing his holdings in Hilton Grand Vacations Inc, with a notable sale of 23,000 shares. This transaction, along with the current stock valuation and insider activity, provides a snapshot of the company's financial and insider transaction landscape.
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.
This article first appeared on GuruFocus.
