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Bath & body works exec sells over $200k in stock

Published 03/28/2024, 06:14 PM
Updated 03/28/2024, 06:14 PM

Bath & Body Works, Inc. (NYSE:BBWI) Chief Supply Chain Officer Thomas E. Mazurek has recently engaged in significant stock transactions, as disclosed in a new filing with the Securities and Exchange Commission. On March 27, Mazurek sold 4,285 shares of the company's common stock at an average price of $48.8949, totaling approximately $209,514. The sale was executed at varying prices ranging from $48.84 to $48.985, with the specific number of shares sold at each price available upon request.

In addition to the sale, Mazurek also acquired 2,285 shares of Bath & Body Works common stock at a price of $43.7529 per share, amounting to a total of $99,975. This transaction was part of an options exercise, allowing the executive to increase his stake in the company.

Following these transactions, Mazurek's ownership in Bath & Body Works has been adjusted to 45,992 shares of common stock. The company, known for its retail presence in women's clothing and beauty products, continues to be a notable player in the industry with a wide array of fragrances, lotions, and home scents.

Investors often monitor insider buying and selling as it can provide insights into executives' perspectives on the company's current valuation and future prospects. However, such transactions are not necessarily indicative of future performance and can be influenced by a variety of personal financial considerations.

The reported transactions provide a glimpse into the financial movements of Bath & Body Works' executives and are a routine disclosure required by the SEC for public company insiders.

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InvestingPro Insights

Bath & Body Works, Inc. (NYSE:BBWI) has demonstrated a robust financial performance with key metrics indicating a solid position in the market. According to real-time data from InvestingPro, the company boasts a market capitalization of $11.12 billion and a Price-to-Earnings (P/E) ratio of 12.97, reflecting investor confidence in its earnings potential. Furthermore, the P/E ratio has remained stable over the last twelve months as of Q4 2024, suggesting consistent valuation by the market.

InvestingPro Data also reveals that Bath & Body Works has maintained a strong gross profit margin of 43.56% and an operating income margin of 17.3%, highlighting efficient operational management. Additionally, the company has experienced a significant 52.21% price total return over the last six months, underlining a positive trend in shareholder value appreciation.

Among the InvestingPro Tips, it's noteworthy that Bath & Body Works has kept up with dividend payments for 52 consecutive years, which could be appealing to income-focused investors. The company's stock price movements are known to be quite volatile, which may attract traders looking for short-term gains. For investors seeking more in-depth analysis, there are additional InvestingPro Tips available, including insights on profitability and stock price performance. Use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription and gain access to these valuable insights.

As Bath & Body Works continues to navigate the competitive retail landscape, these financial metrics and expert tips from InvestingPro provide a clearer picture of the company's current standing and future potential, offering valuable information for shareholders and potential investors alike.

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