Gina Boswell, Chief Executive Officer of Bath & Body Works Inc (BBWI, Financial), purchased 6,000 shares of the company on October 9, 2024, as reported in a recent SEC Filing. The transaction occurred at a price of $29.64 per share, totaling $177,840. Following this transaction, the insider now owns 242,987 shares of Bath & Body Works Inc.
Bath & Body Works Inc is a retailer specializing in home fragrances, gifts, body, bath products, and related products. The company operates stores globally and offers a wide range of products that enhance the personal and home environment with appealing scents.
Over the past year, the insider transaction history at Bath & Body Works Inc shows a trend with 1 insider buy and 3 insider sells. This recent purchase by the CEO represents a significant addition to her holdings in the company.
On the valuation front, Bath & Body Works Inc's shares were trading at $29.64 on the day of the transaction. The company has a market cap of approximately $6.89 billion. The price-earnings ratio stands at 7.61, which is lower than both the industry median of 18.46 and the company’s historical median.
According to the GF Value, the intrinsic value of Bath & Body Works Inc is estimated at $42.45 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.7.
This insider buy could signal a positive outlook from the CEO regarding the company's future performance, aligning with the GF Value assessment of the stock being undervalued.
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.
