On February 28, 2024, Paul Cichocki, Executive Vice President and Chief Commercial Officer of BJ's Wholesale Club Holdings Inc (NYSE:BJ), sold 179,497 shares of the company. The transaction was reported in a recent SEC filing, providing insight into insider activity at the wholesale club operator.
BJ's Wholesale Club Holdings Inc operates as a membership-only warehouse club chain in the United States. The company provides a variety of products, including groceries, electronics, home goods, and other general merchandise. It offers these products at discounted prices to its members, who pay an annual fee to access the club's locations and online sales platforms.
According to the data, the insider has not made any share purchases over the past year but has sold a total of 179,497 shares. This latest sale continues a trend of insider selling at the company, with 16 insider sells and no insider buys reported over the same period.
On the date of the sale, shares of BJ's Wholesale Club Holdings Inc were trading at $73.51, valuing the company at a market cap of $9.532 billion. The price-earnings ratio stood at 19.53, above both the industry median of 16.755 and the company's historical median price-earnings ratio, indicating a higher valuation compared to its peers and its own past trading multiples.
The stock's price-to-GF-Value ratio was calculated at 0.98, with a GF Value of $74.73, suggesting that BJ's Wholesale Club Holdings Inc was fairly valued at the time of the transaction. The GF Value is a proprietary valuation metric developed by GuruFocus, taking into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider selling activity at BJ's Wholesale Club Holdings Inc, providing a visual representation of the transactions over the past year.
The GF Value image provides additional context to the valuation of BJ's Wholesale Club Holdings Inc, comparing the current stock price to the calculated GF Value.
The information provided in this article is based on the latest available data and SEC filings, offering an objective view of the insider's recent stock sale without subjective analysis or the use of adjectives.
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.
