Insider Sell: Julie Bornstein Sells 4,464 Shares of Sweetgreen Inc (SG)

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Nov 22, 2024

On November 21, 2024, Julie Bornstein, a Director at Sweetgreen Inc (SG, Financial), sold 4,464 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 37,101 shares of the company. Sweetgreen Inc (SG) is a company that focuses on providing healthy food options through its chain of fast-casual restaurants. The company emphasizes sustainability and transparency in its food sourcing and preparation processes. 1859781657322745856.png The insider transaction history for Sweetgreen Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 53 insider sells over the same timeframe. Over the past year, Julie Bornstein has sold 4,464 shares in total and purchased 0 shares in total. 1859781672262856704.png Shares of Sweetgreen Inc were trading for $40 apiece on the day of Julie Bornstein’s recent sell. This gives the stock a market cap of $4.771 billion. With a price of $40 and a GuruFocus Value of $24.98, Sweetgreen Inc has a price-to-GF-Value ratio of 1.6. This means the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.