Insider Sell: Chief Accounting Officer Tim Mccauley Sells 6,000 Shares of The Chefs' Warehouse Inc

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Chief Accounting Officer Tim Mccauley executed a sale of 6,000 shares of The Chefs' Warehouse Inc (CHEF, Financial) stock on December 27, 2023, according to a recent SEC Filing. The transaction was carried out at an average price of $30.04 per share, resulting in a total value of $180,240.

The Chefs' Warehouse Inc is a premier distributor of specialty food products in the United States. The company focuses on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, and specialty food stores.

Over the past year, the insider has sold a total of 12,000 shares of The Chefs' Warehouse Inc and has not made any purchases of the stock. This latest transaction follows this trend of share disposals by the insider.

The insider transaction history for The Chefs' Warehouse Inc indicates a pattern of 6 insider buys and 2 insider sells over the past year.

On the date of the insider's recent sale, shares of The Chefs' Warehouse Inc were trading at $30.04, giving the company a market capitalization of $1.166 billion.

The stock's price-earnings ratio stands at 57.71, which is above both the industry median of 16.13 and the company's historical median price-earnings ratio.

With the current share price of $30.04 and a GuruFocus Value of $48.71, The Chefs' Warehouse Inc has a price-to-GF-Value ratio of 0.62, indicating that the stock is significantly undervalued according to the GF Value metric.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.

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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.