Ross Stores Inc (ROST, Financial), a renowned off-price apparel and home fashion chain in the United States, has seen a recent insider transaction according to the latest SEC filings. Director Larree Renda has parted with 4,168 shares of the company on March 28, 2024. This transaction was made public through an SEC filing on April 1, 2024.
Larree Renda has a history of selling shares in the company over the past year, with a total of 4,168 shares sold and no shares purchased during this period.
The insider transaction history for Ross Stores Inc (ROST) indicates a pattern of insider sales over the past year, with 13 insider sells and no insider buys recorded.
On the valuation front, Ross Stores Inc (ROST) shares were trading at $147.89 on the day of the insider's recent sale, bringing the company's market capitalization to $48.782 billion. The price-earnings ratio stands at 26.06, which is above both the industry median of 18.42 and the company's historical median price-earnings ratio.
Considering the stock's price of $147.89 against the GuruFocus Value (GF Value) of $129.19, Ross Stores Inc has a price-to-GF-Value ratio of 1.14, suggesting that the stock is modestly overvalued.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
For investors monitoring insider activities, the recent sale by Director Larree Renda may be of interest as it contributes to the ongoing trend of insider sales at Ross Stores Inc (ROST).
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.
