S&P 500 rises as health care, tech gain to overshadow Fed independence concerns
In a recent transaction, Helen McCluskey, a director at Signet Jewelers Ltd (NYSE:SIG), purchased 1,700 common shares of the company, according to a filing with the Securities and Exchange Commission. The shares were acquired on April 25, 2025, at a price of $58.86 per share, totaling approximately $100,057. The purchase comes at an interesting time, as InvestingPro analysis indicates the company is currently trading below its Fair Value, with analyst price targets ranging from $62 to $85.
Following this acquisition, McCluskey’s direct ownership in Signet Jewelers stands at 31,916 shares. This total includes 3,078 restricted stock units that are subject to certain vesting and forfeiture provisions. The transaction highlights McCluskey’s continued investment in the company, which operates in the retail jewelry sector. According to InvestingPro, this insider purchase aligns with broader management confidence, as the company maintains a GOOD financial health score and has been actively buying back shares. For detailed insights and 13 additional ProTips about Signet Jewelers, including comprehensive valuation metrics and future growth projections, check out the Pro Research Report available on InvestingPro.
In other recent news, Signet Jewelers reported its fourth-quarter earnings for 2025, with earnings per share (EPS) slightly below expectations at $6.62 compared to the forecast of $6.67. Revenue also came in just under projections at $2.35 billion, missing the expected $2.36 billion. Despite these minor misses, the company experienced a 23.25% surge in stock value, attributed to strong strategic initiatives and product expansions. UBS analyst Mauricio Serna raised the price target for Signet to $89, maintaining a Buy rating, citing the company’s potential for sustainable sales growth through enhanced omnichannel capabilities and fashion items. Citi also maintained a Buy rating with an $87 price target, highlighting Signet’s positive sales trajectory and strategic shift towards fashion and self-purchase consumers. Meanwhile, Telsey Advisory Group increased their price target for Signet to $62, acknowledging the company’s solid fourth-quarter results and improved expense management. However, Wells Fargo (NYSE:WFC) downgraded Signet’s stock rating to Equal Weight, reducing the price target to $70, due to concerns about economic vulnerability and challenges from lab-grown diamonds. These developments reflect a mixed but cautiously optimistic outlook for Signet Jewelers as it navigates a complex market environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.