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Is Ralph Lauren Stock a Buy as Insiders Report Their Latest Transactions?

The Motley Fool·
Is Ralph Lauren Stock a Buy as Insiders Report Their Latest Transactions?

Ralph Lauren vice chair David R. Lauren sold 1,711 shares worth $662,551 on August 15 due to non-discretionary tax withholding obligations from restricted stock unit vesting, not market sentiment. The insider retains 14,243 shares valued at $5.4 million. The stock has rallied over 30% in the past year, driven by strong Q1 earnings with 14% revenue growth to $2 billion and mid-teens digital ecosystem growth.

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