Director Brian Genson Sells 1,500 Shares of Nathan's Famous Inc
Brian Genson, a director at Nathan's Famous Inc (NASDAQ:NATH), has sold 1,500 shares of the company on February 22, 2024, according to a recent SEC Filing. Nathan's Famous Inc is known for its hot dogs, sausages, and other prepared foods and operates a chain of fast-food restaurants.
Over the past year, the insider has sold a total of 5,500 shares and has not made any purchases of the company's stock.
The insider transaction history at Nathan's Famous Inc indicates a trend of more insider selling than buying over the past year, with 0 insider buys and 3 insider sells recorded.
On the date of the insider's recent sale, shares of Nathan's Famous Inc were trading at $68.22, giving the company a market capitalization of $281.838 million.
The stock's price-earnings ratio stands at 14.90, which is below the industry median of 23.905 and also below the historical median price-earnings ratio for the company.
With the current share price of $68.22 and a GuruFocus Value of $77.62, Nathan's Famous Inc has a price-to-GF-Value ratio of 0.88, suggesting that the stock is Modestly Undervalued according to the GF Value metric.
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.
