Senior Vice President Valerie Jabbar Sells 15,000 Shares of The Kroger Co (KR)

Senior Vice President Valerie Jabbar has sold 15,000 shares of The Kroger Co (NYSE:KR) on April 23, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $55.52 per share, resulting in a total value of $832,800.The Kroger Co, with a market cap of $40.51 billion, is one of the world's largest grocery retailers. The company operates supermarkets, multi-department stores, marketplace stores, and price-impact warehouses under various banner names. Kroger also manufactures and processes some of the food for sale in its supermarkets.Over the past year, the insider has sold a total of 15,000 shares and has not made any purchases of the company's stock. The insider transaction history for The Kroger Co shows a pattern of 6 insider sells and 0 insider buys over the past year.

The Kroger Co's shares were trading at $55.52 on the day of the insider's recent sale. The company's price-earnings ratio stands at 18.96, which is above the industry median of 16.34 and also higher than the company's historical median price-earnings ratio.With the current share price and a GuruFocus Value of $48.23, The Kroger Co has a price-to-GF-Value ratio of 1.15, indicating that the stock is modestly overvalued according to the GF Value metric.

The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's 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.

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