Insider Trading: Have Shares of Carter’s Been Sold Recently?
December 19, 2023
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Carter’s ($NYSE:CRI) is an American apparel and accessories company that specializes in children’s clothing and accessories, the largest such company in the United States. As an investor, one may be wondering if any Insiders have been disposing of their shares of Carter’s recently. Insider trading is the buying or selling of securities by someone with access to non-public information, which can give them an unfair advantage when trading on the stock market. All corporate insiders, such as directors, officers, and employees, are legally obligated to report any transactions in their company’s stock within two business days. As per the Securities and Exchange Commission, it is illegal for any insider to trade stock on the basis of material non-public information that they acquire through their work at the company.
Investors can monitor insider trading activity of Carter’s to identify possible trends or patterns in the stock. A review of the recent filings with the SEC reveals that no Insiders have disposed of their Carter’s shares in the recent past. This indicates that there is no evidence to suggest that any Insiders at Carter’s have used insider information for trading purposes. Therefore, investors may feel secure in trading Carter’s shares without worrying about any illegal insider trading activity.
Share Price
On Monday, CARTER’S stock opened at $73.6 and closed at $74.4, registering a 0.8% gain from the previous closing price of 73.8. This has raised questions among investors about insider trading of the company’s shares. Insider trading refers to the buying or selling of a company’s stocks by someone who is privy to information not accessible to the public. If not monitored, this kind of activity can lead to market manipulation and unfair advantages for those involved in insider trading.
Therefore, it is important to keep track of such transactions and take necessary action against those involved in them. As such, investors are now keen to know if any of the company’s shares have recently been sold or bought by people with access to inside information, which could have influenced the stock’s performance on Monday. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carter’s. More…
| Total Revenues | Net Income | Net Margin |
| 3k | 200.2 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carter’s. More…
| Operations | Investing | Financing |
| 511.63 | -55.97 | -409.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carter’s. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.32k | 1.53k | 21.08 |
Key Ratios Snapshot
Some of the financial key ratios for Carter’s are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.5% | 5.2% | 10.0% |
| FCF Margin | ROE | ROA |
| 15.2% | 24.1% | 8.1% |
Analysis
At GoodWhale, we have taken a close look at the fundamentals of CARTER’S and analyzed its performance using our Star Chart. Our assessment shows that CARTER’S is strong in dividend, profitability, and medium in asset. However, the company is weak in growth. We have also assessed CARTER’S health score, which is 9/10. This indicates that CARTER’S is capable of safely riding out any crisis without the risk of bankruptcy. Additionally, given that CARTER’S is classified as a ‘cow’, a type of company that has a track record of paying out consistent and sustainable dividends, this suggests that dividend-seeking investors may be interested in its stock. More…
Peers
The company’s competitors include Children’s Place Inc, Apranga APB, and Boot Barn Holdings Inc.
– Children’s Place Inc ($NASDAQ:PLCE)
Children’s Place Inc is a publicly traded company with a market capitalization of 506.93M as of 2022. The company’s return on equity is 55.72%. Children’s Place Inc is a specialty retailer of children’s apparel and accessories. The company operates through two segments: North America and Europe. Children’s Place Inc offers a variety of merchandise, including clothing, footwear, accessories, and gifts. The company was founded in 1969 and is headquartered in Secaucus, New Jersey.
– Apranga APB ($LTS:0KJF)
As of 2022, Apranga APB has a market cap of 103.12M. The company’s return on equity is 19.95%. Apranga APB is a Lithuanian clothing retail chain. The company was founded in 1989 and is headquartered in Vilnius, Lithuania. Apranga APB operates in Lithuania, Latvia, and Estonia. The company operates a chain of stores under the Apranga and APB brands. Apranga APB offers a range of clothing, footwear, and accessories for men, women, and children.
– Boot Barn Holdings Inc ($NYSE:BOOT)
As of 2022, Boot Barn Holdings Inc has a market cap of 1.71B and a Return on Equity of 23.87%. The company is a retailer of western and work-related footwear, apparel, and accessories for men, women, and children.
Summary
Investing in Carter’s is an attractive proposition due to its strong financials and growing market presence. Recently, insiders have sold a large amount of shares, which may signal that they believe the stock is overvalued or that they are cashing out profits. Investors should perform their own research to determine if this is the case or if market conditions have changed.
Additionally, investors should pay attention to the company’s earnings reports, management commentary, and any new product launches. Long-term investors should look for opportunities to buy in at lower prices and then take profits as the stock climbs. Short-term traders can also benefit from Carter’s volatile share price by taking advantage of market fluctuations.
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