Insider Activity: Sally Beauty Holdings (SBH)

  • Free: The Top 5G Stocks To Buy Now
  • Insiders are picking up shares at the cosmetics company.

  • Special: This Market is Growing at the Fastest Rate Since 2006
  • Multiple insiders at Sally Beauty Holdings (SBH) have been adding shares in recent days.

    Chairman of the Board Robert McMaster picked up 5,000 shares, shelling out over $73,000 of his own money to add to his take.

    • The Time to Invest in 5G Is NOW

      Happy Woman Holding Phone AT&T has just become the first carrier to offer 5G coverage.

      Sprint's 5G network is live in Phoenix, New York City, Washington, D.C., and Los Angeles.

      T-Mobile has flipped the 5G switch in six cities...

      And Verizon has launched its 5G network in 13 cities.

      Nearly a decade in the making, 5G is finally here...

      And just ONE stock is your No. 1 chance to profit from the 5G revolution.

      Details HERE...

    CFO Aaron Alt bought 1,500 shares, paying over $22,000 to add to the cosmetic supply company.

    On top of that, CEO Christian Brickman bought 5,000 shares for nearly $75,000 as well.

  • Special: FREE – The 11 EV Stocks You Need in Your Arsenal
  • This is a nice cluster of corporate insiders. The CEO, Chairman and CFO are typically the best informed about a company and its future prospects. When corporate insiders put their own money at work in shares, they see an undervaluation.

    With shares of Sally Beauty having traded as high as $23.60 in the past year, shares look attractive here under $16. And on a valuation basis, shares trade at just 7 times earnings.

    With a modest $1.8 billion market cap, the company could also be a buyout target from another beauty supply store or cosmetics company looking to improve its supply chain.

    Action to take: Shares of Sally Beauty Supply (SBH) are a buy up to $16, with a target sale price of $20 in the coming months. That could be even higher if a buyout offer materializes or some other news event that sends shares spiking higher.

  • Special: 1,700 People Are Moving Here EVERY Week