Insider Selling: Justin Clair Unloads $186K Of One Liberty Props Stock
A substantial insider sell was reported on December 2, by Justin Clair, Executive Vice President at One Liberty Props OLP, based on the recent SEC filing.
What Happened: Clair opted to sell 6,175 shares of One Liberty Props, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The transaction’s total worth stands at $186,206.
Tracking the Tuesday’s morning session, One Liberty Props shares are trading at $29.94, showing a down of 0.0%.
Get to Know One Liberty Props Better
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. OLP owns hundred and ten properties, including three properties owned by consolidated joint ventures and two properties owned by unconsolidated joint ventures. The hundred and ten properties are located in thirty one states. The group generates the majority of its revenue in the form of rental income.
Key Indicators: One Liberty Props’s Financial Health
Decline in Revenue: Over the 3 months period, One Liberty Props faced challenges, resulting in a decline of approximately -1.49% in revenue growth as of 30 September, 2024. This signifies a reduction in the company’s top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Profitability Metrics:
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Gross Margin: The company maintains a high gross margin of 80.95%, indicating strong cost management and profitability compared to its peers.
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Earnings per Share (EPS): One Liberty Props’s EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 0.24.
Debt Management: One Liberty Props’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.4.
Evaluating Valuation:
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Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 18.37, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
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Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 6.9 suggests overvaluation in the eyes of investors, considering sales performance.
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EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): One Liberty Props’s EV/EBITDA ratio, lower than industry averages at 13.18, indicates attractively priced shares.
Market Capitalization Analysis: Reflecting a smaller scale, the company’s market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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Delving Into the Significance of Insider Transactions
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
When discussing legal matters, the term “insider” refers to any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Breaking Down the Significance of Transaction Codes
Delving into transactions, investors typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of One Liberty Props’s Insider Trades.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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