Global Brand President-aerie Jennifer Foyle executed a sale of 30,000 shares of American Eagle Outfitters Inc (AEO, Financial) on October 1, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 200,427 shares of the company.
American Eagle Outfitters Inc, a company known for its apparel and accessories, targets the youth demographic with its American Eagle and Aerie brands. The company operates stores globally and maintains a strong online presence.
Over the past year, Jennifer Foyle has sold a total of 207,682 shares of the company and has not made any purchases. This recent transaction is part of a broader trend seen within the company, where there have been 15 insider sells and no insider buys over the past year.
Shares of American Eagle Outfitters Inc were priced at $21.79 on the day of the sale. The company's market cap is approximately $4.16 billion. The price-earnings ratio stands at 17.32, which is below the industry median of 18.62.
The stock is currently assessed as Modestly Overvalued with a price-to-GF Value ratio of 1.21, based on a GF Value of $18.05. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of the company's future performance and stock valuation.
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.
