Gap director Donohue sells $74,464 in company stock

Published 13/03/2025, 23:42
Gap director Donohue sells $74,464 in company stock

In a recent transaction disclosed by Gap Inc. (NYSE:GAP), Director Elisabeth B. Donohue sold 3,539 shares of common stock. The shares were sold at an average price of $21.041, amounting to a total transaction value of $74,464. The sale comes as Gap, currently valued at $7.83 billion, trades at an attractive P/E ratio of 9.2x and has shown strong momentum with a 6.57% gain in the past week. Following this sale, Donohue retains ownership of 4,000 shares in the company. The transaction was executed on March 12, 2025, and was reported in a filing with the Securities and Exchange Commission (SEC). According to InvestingPro analysis, Gap appears slightly undervalued at current levels, with 8 additional key insights available to subscribers through their comprehensive Pro Research Report covering 1,400+ top stocks.

In other recent news, Gap Inc. reported impressive first-quarter 2025 earnings, with earnings per share (EPS) of $0.54, surpassing the forecasted $0.36. Revenue also exceeded expectations, reaching $4.1 billion against a projected $4.07 billion. CFRA upgraded Gap’s stock rating to Strong Buy, raising the price target to $30, reflecting confidence in the company’s fiscal year 2026 earnings potential. BMO Capital Markets maintained its Market Perform rating, noting Gap’s solid earnings beat and EBIT growth forecast for FY25 that exceeded market expectations. Evercore ISI adjusted its price target for Gap shares to $30, maintaining an Outperform rating after Gap’s robust fourth-quarter performance. The company also announced updates to its incentive plans for employees and directors to align interests with shareholders. These developments highlight Gap’s strategic focus on long-term growth and operational efficiency across its brands.

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