Signet Jewelers (NYSE:SIG) Insider Stash Ptak Sells 405 Shares of Stock

Key Points

  • Insider sale: Stash Ptak sold 1,595 Signet Jewelers shares for $191,400 at $120 per share, reducing the position by 7.11%; a subsequent sale brought total recent sales to 2,000 shares, conducted under a Rule 10b5-1 plan.
  • Strong quarterly performance: Signet reported quarterly EPS of $2.19, surpassing the $1.69 analyst consensus, while revenue reached $1.53 billion, essentially matching expectations but declining 0.5% year over year.
  • Stock and outlook: Shares traded near $118, close to the 52-week high, and the company announced a $0.35 quarterly dividend. Analysts maintain a “Moderate Buy” consensus with an average price target of $125.56.

Signet Jewelers Limited (NYSE:SIG - Get Free Report) insider Stash Ptak sold 405 shares of the business's stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $120.00, for a total value of $48,600.00. Following the completion of the sale, the insider directly owned 20,428 shares of the company's stock, valued at $2,451,360. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Stash Ptak also recently made the following trade(s):

  • On Thursday, October 15th, Stash Ptak sold 1,595 shares of Signet Jewelers stock. The shares were sold at an average price of $120.00, for a total value of $191,400.00.

Signet Jewelers Stock Up 0.0%

NYSE:SIG traded up $0.02 during mid-day trading on Friday, reaching $118.18. 1,092,236 shares of the stock were exchanged, compared to its average volume of 839,453. The company has a 50 day simple moving average of $95.58 and a 200-day simple moving average of $90.29. The stock has a market capitalization of $4.53 billion, a P/E ratio of 13.61, a P/E/G ratio of 0.65 and a beta of 1.10. Signet Jewelers Limited has a 1 year low of $71.61 and a 1 year high of $122.64.




Signet Jewelers (NYSE:SIG - Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The company reported $2.19 EPS for the quarter, topping the consensus estimate of $1.69 by $0.50. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.53 billion. Signet Jewelers had a return on equity of 23.28% and a net margin of 5.19%. The firm's revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.61 earnings per share. Signet Jewelers has set its FY 2027 guidance at 10.450-12.150 EPS. As a group, research analysts predict that Signet Jewelers Limited will post 11.70 EPS for the current year.

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 23rd will be given a $0.35 dividend. The ex-dividend date is Friday, October 23rd. This represents a $1.40 annualized dividend and a yield of 1.2%. Signet Jewelers's dividend payout ratio is 16.13%.

More Signet Jewelers News

Here are the key news stories impacting Signet Jewelers this week:

  • Positive Sentiment: Signet is reportedly considering joining a bidder group with Richemont to acquire a small stake in De Beers. Such a move could strengthen Signet’s access to the diamond supply chain and provide strategic influence during a difficult period for the diamond industry. Richemont and Signet reportedly interested in acquiring De Beers
  • Positive Sentiment: Analysts’ value-focused coverage highlights Signet’s relatively attractive valuation, including a trailing price-to-earnings ratio around 13.6 and a PEG ratio near 0.6. The company also recently exceeded quarterly EPS expectations, supporting the recent increase in its shares. Are Investors Undervaluing Signet Jewelers?
  • Neutral Sentiment: Signet has reached a fresh 52-week high following a 9.5% prior-session surge on above-average volume, indicating strong momentum. Nonetheless, the analysis notes that recent earnings-estimate revisions do not clearly support continued strength. Signet surges 9.5 percent
  • Negative Sentiment: Insider Stash Ptak sold a combined 2,000 Signet shares for approximately $240,000. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their negative signaling, but the sales could still weigh modestly on sentiment after the stock’s strong run. Signet insider transaction filing

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Raymond James Financial raised their price objective on shares of Signet Jewelers from $100.00 to $120.00 and gave the stock an "outperform" rating in a research report on Thursday, September 10th. Wells Fargo & Company lifted their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company an "equal weight" rating in a research note on Wednesday, September 9th. Bank of America upped their target price on shares of Signet Jewelers from $102.00 to $115.00 and gave the company a "neutral" rating in a report on Thursday, September 10th. Zacks Research upgraded shares of Signet Jewelers from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, September 22nd. Finally, Jefferies Financial Group increased their target price on shares of Signet Jewelers from $150.00 to $175.00 and gave the stock a "buy" rating in a research note on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $125.56.

Get Our Latest Research Report on SIG

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Copeland Capital Management LLC purchased a new stake in shares of Signet Jewelers during the third quarter worth approximately $17,633,000. GAMMA Investing LLC lifted its holdings in shares of Signet Jewelers by 11.3% during the third quarter. GAMMA Investing LLC now owns 3,522 shares of the company's stock worth $360,000 after purchasing an additional 357 shares during the period. Farther Finance Advisors LLC grew its position in Signet Jewelers by 46.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 842 shares of the company's stock valued at $86,000 after buying an additional 266 shares during the last quarter. Central Pacific Bank Trust Division grew its position in Signet Jewelers by 28.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,060 shares of the company's stock valued at $211,000 after buying an additional 450 shares during the last quarter. Finally, Junto Capital Management LP grew its position in Signet Jewelers by 96.3% in the 2nd quarter. Junto Capital Management LP now owns 417,016 shares of the company's stock valued at $35,947,000 after buying an additional 204,596 shares during the last quarter.

Signet Jewelers Company Profile

(Get Free Report)

Signet Jewelers Limited (NYSE:SIG) is a specialty jewelry retailer that operates through a portfolio of branded stores and online platforms. Its businesses sell diamond, bridal and fashion jewelry, watches, gifts and related accessories, while also providing services such as jewelry repair, customization and financing.

The company's principal retail brands include Kay Jewelers, Zales, Jared, Diamonds Direct, James Allen, Peoples and Banter by Piercing Pagoda. These brands serve customers through a combination of mall-based and off-mall stores, standalone locations, digital commerce platforms and specialty formats, with offerings positioned across a range of price points and shopping occasions.

Signet primarily serves customers in the United States, Canada and the United Kingdom.

Further Reading

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