Insider Sale: Chief Technology & Transformation Officer Anuj Dhanda Sells 100,000 Shares of ...

GuruFocus Research
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On April 30, 2024, Anuj Dhanda, Chief Technology & Transformation Officer, sold 100,000 shares of Albertsons Companies Inc (NYSE:ACI) as reported in a recent SEC Filing. The shares were sold at a price of $20.35 each.

Albertsons Companies Inc operates as a food and drug retailer in the United States. The company offers grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services.

Over the past year, the insider has sold a total of 100,000 shares and has not purchased any shares. This recent transaction marks the only insider sell in the past year for the company.

Insider Sale: Chief Technology & Transformation Officer Anuj Dhanda Sells 100,000 Shares of Albertsons Companies Inc (ACI)
Insider Sale: Chief Technology & Transformation Officer Anuj Dhanda Sells 100,000 Shares of Albertsons Companies Inc (ACI)

As of the date of the sale, Albertsons Companies Inc had a market cap of approximately $11.88 billion. The price-earnings ratio stood at 9.23, below both the industry median of 16.46 and the company's historical median.

The stock's GF Value is estimated at $21.85, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.93.

Insider Sale: Chief Technology & Transformation Officer Anuj Dhanda Sells 100,000 Shares of Albertsons Companies Inc (ACI)
Insider Sale: Chief Technology & Transformation Officer Anuj Dhanda Sells 100,000 Shares of Albertsons Companies Inc (ACI)

The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the insider could be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Albertsons Companies Inc.

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.

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