Oxford Industries Inc (OXM, Financial), a global apparel company that owns several prominent lifestyle brands including Tommy Bahama, Lilly Pulitzer, and Southern Tide, recently witnessed a significant insider transaction. Scott Grassmyer, Executive Vice President and Chief Financial Officer of the company, sold 1,495 shares on September 24, 2024. The transaction was filed with the SEC and can be viewed in detail here.
Following this sale, the insider now owns 31,128 shares of Oxford Industries Inc. The shares were sold at a price of $86.77 each, totaling approximately $129,721.15. This sale is part of a broader pattern observed over the past year, where the insider has sold a total of 5,495 shares and made no purchases.
The broader insider transaction history for Oxford Industries Inc shows a trend of more sales than purchases among insiders. Over the past year, there have been six insider sales and no insider buys.
On the valuation front, Oxford Industries Inc's shares are currently trading at a price-earnings ratio of 47.26, which is significantly higher than the industry median of 18.705. This high ratio indicates a premium valuation compared to industry peers. The company's market cap stands at $1.35 billion as of the last trading session.
According to the GF Value, the intrinsic value of Oxford Industries Inc is estimated at $115.87 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.75. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This recent insider sale might provide investors with insights into the insider's perspective on the stock's valuation and future prospects. However, investors should also consider broader market conditions and additional data when making investment decisions.
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.
