On October 30, 2024, Micah Conrad, Executive Vice President and Chief Operating Officer of OneMain Holdings Inc (OMF, Financial), sold 2,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 102,239 shares of OneMain Holdings Inc.
OneMain Holdings Inc operates as a financial services holding company in the United States. The company specializes in consumer finance and insurance, providing secured and unsecured personal loans, credit insurance, and other credit-related products.
Over the past year, Micah Conrad has sold a total of 20,000 shares and has not purchased any shares. This recent sale is part of a broader trend within the company, where there have been 14 insider sells and no insider buys over the past year.
Shares of OneMain Holdings Inc were trading at $52 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 lower than the industry median of 15.35.
The GF Value of OneMain Holdings Inc is $45.89, indicating a price-to-GF-Value ratio of 1.13. This suggests that the stock is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale could be of interest to investors monitoring insider behaviors and the valuation levels of OneMain Holdings Inc as reflected by its current stock price and GF Value.
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.
