Travel+Leisure Co Director George Herrera Sells 2,969 Shares
Travel+Leisure Co (NYSE:TNL), a leading global vacation company that provides services to a network of approximately 230 vacation ownership resorts serving more than two million members, has reported an insider sale according to a recent SEC filing. George Herrera, a director of the company, sold 2,969 shares of the company on March 15, 2024. The transaction was executed at an average price of $45.33 per share, resulting in a total sale amount of $134,564.77.
The insider's transaction history over the past year shows that George Herrera has sold a total of 5,686 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales at Travel+Leisure Co, with a total of 10 insider sales and only 1 insider buy over the past year.
On the day of the sale, Travel+Leisure Co's shares were trading at $45.33, giving the company a market capitalization of $3.275 billion. The price-earnings ratio stood at 8.67, which is below the industry median of 21.09 and above the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $45.33 and a GF Value of $54.55, Travel+Leisure Co is considered modestly undervalued with a price-to-GF-Value ratio of 0.83. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider trading activities at Travel+Leisure Co.
The GF Value image above provides a visual representation of the stock's valuation relative to its intrinsic value.
For more detailed information on insider transactions at Travel+Leisure Co, interested parties can refer to the SEC Filing.
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.
