Director John Miller Sells 35,359 Shares of Denny's Corp (DENN)
John Miller, Director of Denny's Corp (NASDAQ:DENN), executed a sale of 35,359 shares in the company on February 26, 2024, as reported in the SEC Filing. Denny's Corp, known for its full-service pancake house/coffee shop/fast casual family restaurant chain, operates over 1,700 restaurants in various countries.
The insider's transaction history indicates that over the past year, John Miller has sold a total of 272,859 shares and has not made any purchases. The recent sale of 35,359 shares is part of this trend.
Insider transaction history for Denny's Corp reveals a pattern of 0 insider buys and 8 insider sells over the past year.
On the date of the insider's recent sale, shares of Denny's Corp were trading at $9.25, resulting in a market cap of $481.779 million. The price-earnings ratio of the company stands at 26.34, which is above both the industry median of 23.545 and the historical median price-earnings ratio for the company.
The stock's price-to-GF-Value ratio is 0.7, with a current share price of $9.25 and a GuruFocus Value of $13.29. This valuation suggests that Denny's Corp is a Possible Value Trap, Think Twice, according to its GF Value.
The GF Value is calculated considering historical trading multiples, 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 article first appeared on GuruFocus.
