😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

Insider Selling: Venkatachalam Nachiappan Sells Shares of Arhaus Inc (ARHS)

Published 2024-07-26, 01:01 p/m
Insider Selling: Venkatachalam Nachiappan Sells Shares of Arhaus Inc (ARHS)
ARKO
-

GuruFocus - Chief Information Officer Venkatachalam Nachiappan executed a sale of 6,460 shares of Arhaus Inc (NASDAQ:ARHS) on July 24, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 36,736 shares of the company.

Arhaus Inc, headquartered in Boston Heights, Ohio, is a premium home furnishings retailer that offers exclusive, high-quality products through its stores and online platform. The company focuses on providing unique, sustainable products designed to enhance customers' living spaces.

Over the past year, the insider has sold a total of 6,460 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been no insider buys but 9 insider sells over the same period.

On the valuation front, shares of Arhaus Inc were trading at $16.11 on the day of the transaction. The company has a market cap of approximately $2.29 billion. The price-earnings ratio stands at 21.50, which is above both the industry median of 17.38 and the company's historical median.

According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, Arhaus Inc is currently significantly overvalued. The GF Value of $11.21 suggests a price-to-GF-Value ratio of 1.44, indicating that the stock's current price is higher than its estimated fair value.

This valuation assessment is based on historical trading multiples, an adjustment factor from GuruFocus for past performance, and future business performance estimates provided by Morningstar analysts.

The recent insider selling activity and the stock's valuation metrics provide critical data points for investors monitoring Arhaus Inc's stock performance and insider behaviors.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.