Jack In The Box Inc Director & CEO Darin Harris Sells 3,823 Shares
Darin Harris, Director & CEO of Jack In The Box Inc (NASDAQ:JACK), sold 3,823 shares of the company on December 21, 2023, according to a SEC Filing. Over the past year, the insider has sold a total of 16,311 shares and has not made any purchases of the stock.
Jack In The Box Inc operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants. The company's segments include Jack in the Box and Qdoba Restaurant Operations. It is known for its diverse menu, including burgers, tacos, and a variety of breakfast items.
The insider transaction history for Jack In The Box Inc shows a pattern of selling, with 0 insider buys and 32 insider sells over the past year.
On the day of the sale, shares of Jack In The Box Inc were trading at $81.56, giving the company a market cap of $1.626 billion. The price-earnings ratio stood at 13.08, below both the industry median of 22.975 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 0.67, with a GF Value of $121.64, indicating that Jack In The Box Inc was significantly undervalued according to GuruFocus's valuation model.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by 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.
