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Insider Sale: EVP, COO Jeff Desroches Sells Shares of BJ's Wholesale Club Holdings Inc (BJ)

Published 2024-07-23, 01:01 p/m
Insider Sale: EVP, COO Jeff Desroches Sells Shares of BJ's Wholesale Club Holdings Inc (BJ)
BJ
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GuruFocus - On July 19, 2024, Jeff Desroches, Executive Vice President and Chief Operating Officer, sold 28,842 shares of BJ's Wholesale Club Holdings Inc (NYSE:BJ) (NYSE:BJ) as reported in a recent SEC Filing. Following this transaction, the insider now owns 58,452 shares of the company.

BJ's Wholesale Club Holdings Inc operates membership warehouse clubs in the Eastern United States. The company provides a diversified selection of merchandise, including groceries, electronics, home goods, and other products.

Over the past year, Jeff Desroches has sold a total of 76,882 shares and has not made any purchases of the company's stock. The insider transaction history for BJ's Wholesale Club Holdings Inc shows a total of 26 insider sells and no insider buys over the past year.

Shares of BJ's Wholesale Club Holdings Inc were trading at $89.86 on the day of the transaction. The company has a market cap of $12.095 billion. The price-earnings ratio of the company is 23.67, which is higher than the industry median of 17.01 and the company's historical median.

The stock's valuation according to the GF Value is $77.58, indicating a price-to-GF-Value ratio of 1.16. This suggests that BJ's Wholesale Club Holdings Inc is modestly overvalued.

The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates 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.

This content was originally published on Gurufocus.com

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