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

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2 days ago

On November 27, 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 32,637 shares of the company. Sweetgreen Inc (SG) is a company that operates in the fast-casual restaurant industry, focusing on offering healthy and fresh food options. The company is known for its emphasis on sustainability and locally sourced ingredients. Over the past year, Julie Bornstein has sold a total of 8,928 shares and has not purchased any shares. The insider transaction history for Sweetgreen Inc shows that there have been 0 insider buys and 59 insider sells over the same timeframe. On the day of the recent sale, shares of Sweetgreen Inc were trading at $42.11, giving the stock a market cap of $4.907 billion. The stock's GF Value is estimated at $24.99, resulting in a price-to-GF-Value ratio of 1.69. 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 based on 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, as well as 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.

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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.