On October 28, 2024, John Fawcett, a Director at Bread Financial Holdings Inc (BFH, Financial), purchased 1,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings to 6,473 shares.
Bread Financial Holdings Inc operates as a tech-forward financial services company offering private label and co-brand credit card programs, installment loans, and consumer savings products. The company's strategic approach focuses on harnessing data analytics to optimize customer experience and financial solutions.
The shares were acquired at a price of $51.02 each, valuing the transaction at $51,020. Following this purchase, the market cap of Bread Financial Holdings Inc stands at approximately $2.49 billion.
The price-earnings ratio of Bread Financial Holdings Inc is currently 7.93, which is below both the industry median of 15.04 and the company's historical median. This valuation metric suggests a potentially lower price relative to earnings compared to peers and historical figures.
According to the GF Value, the intrinsic value of BFH is estimated at $40.57 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.26.
Over the past year, John Fawcett has increased his stake in the company by purchasing a total of 3,000 shares. There have been 2 insider buys and 13 insider sells within the same period among other insiders at Bread Financial Holdings Inc.
This insider buying activity could signal a positive outlook from the insider on the company's current valuation and future prospects, despite the broader selling trend among other insiders.
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.
