On November 26, 2024, Neil Blumenthal, Director at Sweetgreen Inc (SG, Financial), sold 5,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 85,417 shares of the company.
Sweetgreen Inc (SG) is a company that focuses on providing healthy, fast-casual dining options. The company is known for its emphasis on sustainability and locally sourced ingredients, offering a variety of salads, bowls, and other nutritious meals.
Over the past year, Neil Blumenthal has sold a total of 27,220 shares and has not purchased any shares. This activity is part of a broader trend within the company, where there have been 55 insider sells and no insider buys over the same period.
On the day of the recent transaction, shares of Sweetgreen Inc were trading at $43.44, giving the stock a market cap of $5.005 billion. The stock's GF Value is estimated at $24.99, resulting in a price-to-GF-Value ratio of 1.74. This indicates that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, along with future estimates of business performance from Morningstar analysts.
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.
