On October 30, 2024, Douglas Shulman, President & CEO of OneMain Holdings Inc (OMF, Financial), executed a sale of 5,000 shares of the company at a price of $53 per share. This transaction was reported through an SEC Filing. Following this sale, the insider now owns 412,474 shares of the company.
OneMain Holdings Inc (OMF, Financial) specializes in consumer finance and insurance. The company primarily provides personal loans and related financial products to individuals across the United States.
Over the past year, Douglas Shulman has sold a total of 44,000 shares of OneMain Holdings Inc and has not made any purchases of the stock. The insider transaction history for the company shows a total of 14 insider sells and no insider buys over the past year.
Shares of OneMain Holdings Inc were trading at $53 on the day of the sale, giving the company a market cap of approximately $5.94 billion. The price-earnings ratio of the stock is 10.90, which is below the industry median of 15.35.
The stock's GF Value is calculated at $45.89, indicating that with a trading price of $53, OneMain Holdings Inc is considered Fairly Valued with a price-to-GF-Value ratio of 1.15. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates.
This sale by the insider could be part of normal portfolio adjustments or other personal financial planning. Investors often monitor insider transactions as they can provide insights into how the company's top executives view the stock's valuation and future prospects.
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.
