On November 12, 2024, Judy Anderson, Vice President and Chief Financial Officer of Weyco Group Inc (WEYS, Financial), sold 2,893 shares of the company, according to a recent SEC Filing. Following this transaction, the insider now owns 13,100 shares of the company.
Weyco Group Inc, headquartered in Milwaukee, Wisconsin, is a global footwear company that designs and markets quality and innovative footwear for men, women, and children under various brand names. The company's portfolio includes popular brands such as Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Umi.
Over the past year, Judy Anderson has sold a total of 4,063 shares of Weyco Group Inc and has not purchased any shares. This recent transaction is part of a broader trend seen within the company, where there have been 16 insider sells and no insider buys over the past year.
Shares of Weyco Group Inc were trading at $37.98 on the day of the transaction. The company has a market cap of approximately $371.76 million. The price-earnings ratio of the stock is 12.88, which is below both the industry median of 19.39 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Weyco Group Inc is $26.86 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.41. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors as they evaluate the stock’s current valuation and consider the company's financial health and market position.
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.
