Signet Jewelers director Helen McCluskey acquires $100,057 in shares

Published 29/04/2025, 00:50
Signet Jewelers director Helen McCluskey acquires $100,057 in shares

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.