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Is Gap Stock a Buy After Investment Firm Monte Financial Doubled Its Stake?

The Motley Fool Logo The Motley Fool By Robert Izquierdo
Is Gap Stock a Buy After Investment Firm Monte Financial Doubled Its Stake?

Monte Financial Group increased its stake in Gap by acquiring 119,749 additional shares, bringing its total position to 238,643 shares valued at $5.1 million. Despite flat sales, Gap showed improved net income and expects modest sales growth in fiscal 2025.

Insights
GAP   neutral

Flat sales in Q2, but improved net income and reasonable stock valuation suggest potential for modest growth