Gap CFO Katrina O’Connell sells $164,842 in company stock

Published 19/03/2025, 02:26
Gap CFO Katrina O’Connell sells $164,842 in company stock

Additionally, O’Connell acquired 17,275 shares through the exercise of stock options at no cost, reflecting her continued participation in the company’s equity incentive plans. Following these transactions, O’Connell’s direct ownership stands at 8,503 shares. These transactions were conducted under a pre-arranged trading plan adopted in September 2024. InvestingPro analysis shows Gap maintains strong financial health with a current ratio of 1.6 and has consistently paid dividends for 50 consecutive years. For deeper insights into Gap’s valuation and 10+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro. InvestingPro analysis shows Gap maintains strong financial health with a current ratio of 1.6 and has consistently paid dividends for 50 consecutive years. For deeper insights into Gap’s valuation and 10+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

Additionally, O’Connell acquired 17,275 shares through the exercise of stock options at no cost, reflecting her continued participation in the company’s equity incentive plans. Following these transactions, O’Connell’s direct ownership stands at 8,503 shares. These transactions were conducted under a pre-arranged trading plan adopted in September 2024.

In other recent news, Gap Inc (NYSE:GAP). reported a strong fourth-quarter performance with earnings per share (EPS) of $0.54, surpassing expectations and generating $4.15 billion in revenue. Analysts at Evercore ISI maintained an Outperform rating on Gap, though they revised their price target to $30.00. CFRA also upgraded Gap’s stock rating to Strong Buy, raising the 12-month price target to $30.00 and noting the company’s improved operational efficiency. Meanwhile, BMO Capital Markets held its Market Perform rating, citing solid earnings and a positive EBIT growth forecast for FY25.

Gap has introduced new incentive agreements for employees and directors under its 2016 Long-Term Incentive Plan, aiming to align interests with shareholders. These updates, filed with the SEC, are designed to attract and retain top talent, crucial for the company’s long-term success. The retailer’s marketing efforts, including celebrity partnerships, are gaining traction, contributing to increased brand visibility and market share. Analysts have highlighted Gap’s strategic initiatives, particularly in key revenue categories like Activewear and Denim, as potential drivers for future growth.

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