Halide Alagoz, Chief Product Officer of Ralph Lauren Corp (NYSE:RL), executed a sale of 2,115 shares in the company on February 12, 2024, according to a recent SEC Filing. The insider sold the shares at an average price of $177.22, resulting in a total transaction amount of $374,720.30.
Ralph Lauren Corp is a global leader in the design, marketing, and distribution of premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories. The company's long-standing reputation and distinctive image have been consistently developed across an expanding number of products, brands, sales channels, and international markets.
Over the past year, the insider has sold a total of 8,065 shares of Ralph Lauren Corp and has not made any purchase of the company's shares. This latest transaction continues the trend observed over the past year, where there have been no insider buys and a total of 5 insider sells.
On the date of the insider's recent sale, Ralph Lauren Corp's shares were trading at $177.22, giving the company a market capitalization of $11.36 billion. The price-earnings ratio stood at 20.15, which is above the industry median of 18.65 and also higher than the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.33, indicating that Ralph Lauren Corp was significantly overvalued based on its GF Value of $133.16. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates 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.
