Carman Wenkoff, Executive Vice President & Chief Information Officer of Dollar General Corp (NYSE:DG), has sold 5,909 shares of the company on April 4, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $162.23 per share, resulting in a total value of $958,367.07.
Dollar General Corp is a prominent discount retailer in the United States, offering a wide selection of merchandise, including consumables, seasonal items, home products, and apparel. The company operates over 17,000 stores across 46 states, aiming to serve customers with affordable and convenient shopping experiences.
Over the past year, the insider has engaged in multiple transactions, selling a total of 5,909 shares and purchasing 2,000 shares. The recent sale by the insider is part of a series of transactions observed within the company.
The insider transaction history for Dollar General Corp shows a pattern of insider activity. In the past year, there have been 5 insider buys and 2 insider sells. This activity provides a glimpse into the insider sentiment regarding the stock’s performance and potential future direction.
On the valuation front, Dollar General Corp’s shares were trading at $162.23 on the day of the insider’s recent transaction. The company’s market cap stands at $35.05 billion. The price-earnings ratio of 21.13 is above the industry median of 16.06 and also exceeds the company’s historical median price-earnings ratio.
According to the GuruFocus Value, with a share price of $162.23 and a GF Value of $271.28, Dollar General Corp is considered Significantly Undervalued, with a price-to-GF-Value ratio of 0.6. The GF Value is a proprietary intrinsic value estimate from GuruFocus, factoring in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider’s recent sell transaction may provide investors with additional data points to consider when evaluating their investment in Dollar General Corp. However, it is essential to consider the broader context of the company’s financial performance, market conditions, and other factors that may influence stock prices.
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.
