Julie Fuller, Chief People Officer of PVH Corp (NYSE:PVH), sold 3,650 shares of the company on December 21, 2023, according to a recent SEC Filing. The transaction was executed at an average price of $120.79 per share, resulting in a total sale amount of $440,883.50.
PVH Corp is a global apparel company, owning brands such as Calvin Klein and Tommy Hilfiger. The company designs and markets branded dress shirts, neckwear, sportswear, jeanswear, underwear, and a range of other products. PVH Corp operates through its diversified portfolio of brands across multiple channels including wholesale, retail, e-commerce, and licensing.
Over the past year, the insider has sold a total of 17,940 shares of PVH Corp and has not made any purchases of the stock. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and six insider sells.
On the valuation front, PVH Corp's shares were trading at $120.79 on the day of the insider's sale, giving the company a market capitalization of $7.215 billion. The price-earnings ratio of the stock stands at 14.27, which is lower than the industry median of 19.155 and also below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.29, with a GF Value of $93.81, indicating that PVH Corp is considered modestly overvalued according to GuruFocus' valuation analysis.
The GF Value is determined by considering historical trading 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 the company's past returns and growth, and future business performance estimates provided by 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.
