Yahoo Finance Insider Sale: Director Curtis Warfield Sells Shares of Texas Roadhouse Inc (TXRH)
Curtis Warfield, a director at Texas Roadhouse Inc (NASDAQ:TXRH), sold 1,025 shares of the company on May 8, 2024. The transaction was filed on May 10, 2024, as per the SEC Filing.
Texas Roadhouse Inc (NASDAQ:TXRH) is a full-service restaurant chain, known for its steaks and a Western-themed atmosphere. The company operates over 600 locations across the United States and internationally.
Over the past year, the insider has sold a total of 3,390 shares and has not made any purchases. This recent sale is part of a broader trend within the company, where there have been 15 insider sells and no insider buys over the past year.
On the day of the sale, shares of Texas Roadhouse Inc were priced at $165.82, resulting in a market cap of approximately $11.17 billion. The price-earnings ratio of the company stands at 33.85, which is above both the industry median of 22.52 and the historical median for the company.
According to the GF Value, the intrinsic value of Texas Roadhouse Inc is estimated at $128.52 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.29.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider may be of interest to investors tracking insider activity as an indicator of potential future stock performance.
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.
