Bradford Turner, Chief Legal & Admin. Officer of Newell Brands Inc (NWL, Financial), has sold 20,000 shares of the company on February 23, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 40,000 shares and has not made any purchases of the stock.
Newell Brands Inc is a global consumer goods company with a portfolio that includes well-known brands such as Rubbermaid, Sharpie, Paper Mate, and Elmer's. The company operates in segments that cover Writing, Home Solutions, Commercial Products, Baby & Parenting, Outdoor & Recreation, and Home Fragrance.
The insider transaction history for Newell Brands Inc indicates a trend of more insider sales than purchases over the past year, with 1 insider buy and 2 insider sells recorded.
On the date of the insider's recent transaction, shares of Newell Brands Inc were trading at $7.43, giving the company a market cap of $3.049 billion.
The stock's price-to-GF-Value ratio stands at 0.5, with a GuruFocus Value of $14.82, suggesting that Newell Brands Inc is categorized as a Possible Value Trap, Think Twice according to its GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, an adjustment factor based on the company's historical 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.
