On November 13, 2024, Bradley Singer, a Director at Sweetgreen Inc (SG, Financial), sold 7,270 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 181,782 shares of Sweetgreen Inc.
Sweetgreen Inc is a company that specializes in offering seasonal, healthy food options with a focus on sustainability and local sourcing. The company operates numerous locations across the United States, providing salads, bowls, and other health-conscious food choices.
Over the past year, Bradley Singer has sold a total of 67,270 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within Sweetgreen Inc, where there have been 50 insider sells and no insider buys over the past year.
Shares of Sweetgreen Inc were trading at $39.7 on the day of the transaction. The company currently has a market cap of approximately $3.876 billion.
The stock is considered Significantly Overvalued with a price-to-GF Value ratio of 1.59, based on a GF Value of $24.96. The GF Value is calculated considering historical multiples such as 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 might be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Sweetgreen Inc.
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.
