Dollar Tree director Douglas William W III buys $520,822 in stock

Published 04/04/2025, 01:42
Dollar Tree director Douglas William W III buys $520,822 in stock

Douglas William W III, a director at Dollar Tree, Inc. (NASDAQ:DLTR), has recently increased his holdings in the company through several stock purchases. According to a recent SEC filing, William acquired a total of 7,500 shares of Dollar Tree common stock over two days. The timing is notable as InvestingPro data shows the stock has declined 7.6% in the past week, with shares currently trading at $67.18.

On April 2, he purchased 701 shares at a price of $75.00 per share. The following day, he added another 6,799 shares at $68.87 per share. These transactions amount to a total investment of approximately $520,822. According to InvestingPro’s Fair Value analysis, Dollar Tree appears undervalued at current levels.

Additionally, William received an annual director equity award of 676 shares on April 1, valued at $75.34 per share, as part of Dollar Tree’s 2021 Omnibus Incentive Plan. This equity award is valued at $50,929.

Following these transactions, Douglas William W III now holds a total of 8,176 shares directly in the company.

In other recent news, Dollar Tree has entered into a new credit agreement, securing a $1.5 billion revolving credit facility with JPMorgan Chase (NYSE:JPM) Bank, N.A., and other lenders, set to mature in 2030. This move is part of a broader effort to enhance financial flexibility. Concurrently, Dollar Tree has also established a separate 364-day revolving credit facility amounting to $1 billion. Analysts have been adjusting their outlooks on Dollar Tree, with CFRA reducing its price target to $74 while maintaining a Hold rating, citing the impact of the Family Dollar sale and operational challenges. Guggenheim Securities also lowered its price target to $95 but maintained a Buy rating, focusing on the potential benefits of Dollar Tree’s multi-price point strategy. BMO Capital Markets reiterated a Market Perform rating with a $70 price target, highlighting concerns over Dollar Tree’s pricing strategies and digital presence. Meanwhile, Bernstein reduced its price target to $78, maintaining a Market Perform rating, following the finalization of the Family Dollar sale. These developments reflect ongoing strategic adjustments and market responses to Dollar Tree’s financial and operational strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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