It was reported on September 16, that Hiebler Jessica M, Principal Accounting Officer at T. Rowe Price Gr TROW executed a significant insider sell, according to an SEC filing.

What Happened: M’s decision to sell 484 shares of T. Rowe Price Gr was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $50,689.

During Tuesday’s morning session, T. Rowe Price Gr shares down by 0.0%, currently priced at $105.86.

All You Need to Know About T. Rowe Price Gr

T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load us and international stock, hybrid, bond, and money market funds. At the end of July 2024, the firm had $1.587 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a us-based asset manager, deriving just under 9% of its AUM from overseas.

T. Rowe Price Gr: A Financial Overview

Revenue Growth: T. Rowe Price Gr’s remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 7.65%. This signifies a substantial increase in the company’s top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Evaluating Earnings Performance:

• Gross Margin: The company shows a low gross margin of 52.59%, suggesting potential challenges in cost control and profitability compared to its peers.

• Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 2.11, T. Rowe Price Gr showcases strong earnings per share.

Debt Management: T. Rowe Price Gr’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.

Valuation Overview:

• Price to Earnings (P/E) Ratio: T. Rowe Price Gr’s P/E ratio of 12.5 is below the industry average, suggesting the stock may be undervalued.

• Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.49, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): The company’s EV/EBITDA ratio 7.61 is below the industry average, indicating that it may be relatively undervalued compared to peers.

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

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The Importance of Insider Transactions

Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.

In the realm of legality, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.

Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.

A Closer Look at Important 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 T. Rowe Price Gr’s Insider Trades.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.