Noteworthy Insider Activity: Jannet Giesselman Invests $79K In Twin Disc Stock
A new SEC filing reveals that Jannet Giesselman, Director at Twin Disc TWIN, made a notable insider purchase on November 4,.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday unveiled that Giesselman made a notable purchase of 6,747 shares of Twin Disc, valuing at $79,999.
In the Tuesday’s morning session, Twin Disc‘s shares are currently trading at $11.73, experiencing a up of 0.43%.
Get to Know Twin Disc Better
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its product portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Twin Disc: Financial Performance Dissected
Revenue Growth: Twin Disc’s revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 0.59%. This indicates a substantial increase in the company’s top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Navigating Financial Profits:
-
Gross Margin: The company sets a benchmark with a high gross margin of 29.72%, reflecting superior cost management and profitability compared to its peers.
-
Earnings per Share (EPS): With an EPS below industry norms, Twin Disc exhibits below-average bottom-line performance with a current EPS of 0.54.
Debt Management: Twin Disc’s debt-to-equity ratio is below the industry average. With a ratio of 0.26, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Assessing Valuation Metrics:
-
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 14.81 suggests caution, as the stock may be overvalued in the eyes of investors.
-
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.55, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Twin Disc’s EV/EBITDA ratio, lower than industry averages at 6.91, indicates attractively priced shares.
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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Why Insider Transactions Are Important
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Exploring the legal landscape, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider’s new purchase, there’s a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Essential Transaction Codes Unveiled
When analyzing transactions, investors tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes 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 Twin Disc’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Twin Disc Recent Insider Activity
Disclosed in the latest SEC filing, a significant insider purchase on November 4, involves David W Johnson, Board Member at Twin Disc TWIN.
What Happened: Johnson’s recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, involves purchasing 7,090 shares of Twin Disc. The total transaction value is $84,058.
Monitoring the market, Twin Disc‘s shares up by 0.43% at $11.73 during Tuesday’s morning.
Unveiling the Story Behind Twin Disc
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its product portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Twin Disc: A Financial Overview
Revenue Growth: Twin Disc’s remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 0.59%. This signifies a substantial increase 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 Industrials sector.
Exploring Profitability:
-
Gross Margin: The company sets a benchmark with a high gross margin of 29.72%, reflecting superior cost management and profitability compared to its peers.
-
Earnings per Share (EPS): Twin Disc’s EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.54.
Debt Management: Twin Disc’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.26.
Valuation Metrics:
-
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 14.81 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
-
Price to Sales (P/S) Ratio: The P/S ratio of 0.55 is lower than the industry average, implying a discounted valuation for Twin Disc’s stock in relation to sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With a lower-than-industry-average EV/EBITDA ratio of 6.91, Twin Disc presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
Market Capitalization Analysis: The company’s market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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Why Insider Transactions Are Key in Investment Decisions
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
Exploring the legal landscape, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider’s new purchase, there’s a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Exploring Key Transaction Codes
Examining transactions, investors often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates 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 Twin Disc’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Eye On Growth: Juliann Larimer Adds $79K Of Twin Disc Stock To Portfolio
Disclosed in the latest SEC filing, a significant insider purchase on November 4, involves Juliann Larimer, Board Member at Twin Disc TWIN.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Larimer purchased 6,747 shares of Twin Disc, demonstrating confidence in the company’s growth potential. The total value of the transaction stands at $79,999.
As of Tuesday morning, Twin Disc shares are up by 0.43%, currently priced at $11.73.
Discovering Twin Disc: A Closer Look
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its product portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Twin Disc: A Financial Overview
Revenue Growth: Twin Disc’s revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 0.59%. This indicates 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 Industrials sector.
Key Profitability Indicators:
-
Gross Margin: Achieving a high gross margin of 29.72%, the company performs well in terms of cost management and profitability within its sector.
-
Earnings per Share (EPS): Twin Disc’s EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.54.
Debt Management: Twin Disc’s debt-to-equity ratio is below the industry average. With a ratio of 0.26, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Financial Valuation:
-
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 14.81, Twin Disc’s stock is perceived as being overvalued in the market.
-
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.55, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): At 6.91, Twin Disc’s EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
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.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Relevance of Insider Transactions
Considering insider transactions is valuable, but it’s crucial to evaluate them in conjunction with other investment factors.
In legal terms, an “insider” refers to any officer, director, or beneficial owner of more than ten percent of a company’s equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down.
Navigating the World of Insider Transaction Codes
In the domain of transactions, investors frequently turn their focus to those taking place in the open market, as meticulously 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 Twin Disc’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Super Micro Stock Tumbles Anew As Data Center Firm Cuts Sales Outlook
Super Micro Computer (SMCI) stock fell late Tuesday after the data center hardware firm cut its sales targets for the September and December quarters. The company currently is embroiled in controversy surrounding its financial reporting.
After the market close, the San Jose, Calif.-based company offered a “business update” on its fiscal first quarter, which ended Sept. 30, as well as the current quarter.
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Tight Trading Ahead On Election Eve; Deckers, Garmin, XPO In Focus
For fiscal Q1, Super Micro now expects adjusted earnings of 75 to 76 cents a share on sales of $5.9 billion to $6 billion. It previously guided to adjusted earnings of 67 to 83 cents a share on sales of $6 billion to $7 billion.
Analysts polled by FactSet had expected the company to earn 73 cents a share on sales of $6.44 billion in the September quarter. In the year-earlier period, it earned 34 cents a share on sales of $2.12 billion.
For the current quarter ending Dec. 31, Super Micro forecast adjusted earnings of 56 to 65 cents a share on sales of $5.5 billion to $6.1 billion. Wall Street was modeling earnings of 81 cents a share on sales of $6.84 billion in the fiscal second quarter.
Super Micro Stock Falls On Update
In after-hours trading on the stock market today, Super Micro stock fell more than 9% to 25.17. During the regular session Wednesday, it rose 6.4% to 27.70.
Super Micro stock is down 55% in the past three months and 3% year to date as it deals with a morass of accounting issues. It faces possible delisting from the Nasdaq exchange if it doesn’t meet its financial compliance requirements.
Last week, Super Micro disclosed that Ernst & Young had resigned as its accounting firm after citing concerns about the company’s financial reporting. That news was on top of a delay in filing its annual 10-K report and a possible investigation by the U.S. Department of Justice.
Super Micro has been benefiting from cloud computing companies building data centers to support artificial intelligence applications. It competes with Dell Technologies (DELL), Hewlett Packard Enterprise (HPE), Lenovo and others.
Follow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.
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Emerson Electric Posts Better-Than-Expected Results, Joins Palantir Technologies, DXP Enterprises, Cummins, Apollo Global Management And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Tuesday.
Shares of Emerson Electric Co EMR rose sharply during Monday’s session after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates. Also, the company announced it increased return of capital to shareholders with plans to repurchase approximately $2B in FY25.
Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47.
Emerson Electric shares jumped 6.6% to $117.01 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Vimeo, Inc. VMEO shares jumped 42.7% to $6.86 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.
- Gogo Inc GOGO gained 29.3% to $8.47 after the company reported better-than-expected third-quarter financial results.
- Astera Labs Inc ALAB rose 29.1% to $90.14 after the company reported better-than-expected third-quarter EPS and sales.
- Aris Water Solutions Inc ARIS gained 25.8% to $20.84 following strong quarterly results.
- Palantir Technologies Inc PLTR gained 22.4% to $50.70 after the company reported better-than-expected third-quarter financial results and issued guidance above consensus estimates.
- UFP Technologies Inc UFPT rose 20.7% to $335.00 after the company reported better-than-expected third-quarter financial results.
- Lindblad Expeditions Holdings Inc LIND gained 20.6% to $11.28 after the company reported better-than-expected third-quarter financial results.
- DXP Enterprises Inc DXPE gained 18.7% to $60.45 following strong quarterly results.
- Century Aluminum Co CENX gained 17.7% to $20.66 following upbeat quarterly earnings.
- Payoneer Global Inc PAYO climbed 16% to $9.88 after the company reported better-than-expected quarterly EPS and sales and raised its FY24 revenue guidance.
- Cushman & Wakefield PLC CWK gained 13.2% to $14.88 after the company reported better-than-expected quarterly adjusted EPS results.
- Ingredion Inc INGR rose 12.6% to $150.97 following upbeat earnings.
- Primoris Services Corp PRIM gained 10.5% to $71.11 following strong quarterly earnings.
- Powell Industries, Inc. POWL rose 9.1% to $293.34.
- Cummins Inc CMI gained 8.7% to $353.91 after the company reported better-than-expected third-quarter financial results.
- Nomura Holdings Inc NMR rose 7.3% to $5.64 following second-quarter results.
- Apollo Global Management APO gained 6.8% to $149.00 after the company reported better-than-expected quarterly financial results.
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Insider Move: Michael C Smiley Invests $79K In Twin Disc Stock
Michael C Smiley, Director at Twin Disc TWIN, reported an insider buy on November 4, according to a new SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Smiley increased their investment in Twin Disc by purchasing 6,747 shares through open-market transactions, signaling confidence in the company’s potential. The total transaction value is $79,999.
At Tuesday morning, Twin Disc shares are up by 0.43%, trading at $11.73.
Delving into Twin Disc’s Background
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its product portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Financial Insights: Twin Disc
Revenue Growth: Twin Disc displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 0.59%. This indicates a notable increase in the company’s top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Key Profitability Indicators:
-
Gross Margin: The company maintains a high gross margin of 29.72%, indicating strong cost management and profitability compared to its peers.
-
Earnings per Share (EPS): Twin Disc’s EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.54.
Debt Management: Twin Disc’s debt-to-equity ratio is below the industry average. With a ratio of 0.26, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Insights into Valuation Metrics:
-
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 14.81, Twin Disc’s stock is perceived as being overvalued in the market.
-
Price to Sales (P/S) Ratio: The P/S ratio of 0.55 is lower than the industry average, implying a discounted valuation for Twin Disc’s stock in relation to sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Twin Disc’s EV/EBITDA ratio at 6.91 suggests potential undervaluation, falling below industry averages.
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Exploring the legal landscape, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider’s new purchase, there’s a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Deciphering Transaction Codes in Insider Filings
Examining transactions, investors often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates 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 Twin Disc’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Brunswick Chief Executive Officer Trades Company's Stock
Revealing a significant insider sell on November 4, David M Foulkes, Chief Executive Officer at Brunswick BC, as per the latest SEC filing.
What Happened: Foulkes’s recent move involves selling 23,829 shares of Brunswick. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value is $1,911,562.
During Tuesday’s morning session, Brunswick shares up by 0.99%, currently priced at $81.69.
Discovering Brunswick: A Closer Look
Brunswick is a leading manufacturer in the marine recreation industry. The firm has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick’s focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.
Understanding the Numbers: Brunswick’s Finances
Revenue Growth: Brunswick’s revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -20.1%. This indicates a decrease 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 Consumer Discretionary sector.
Insights into Profitability:
-
Gross Margin: With a low gross margin of 26.15%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
-
Earnings per Share (EPS): Brunswick’s EPS is below the industry average. The company faced challenges with a current EPS of 0.67. This suggests a potential decline in earnings.
Debt Management: Brunswick’s debt-to-equity ratio stands notably higher than the industry average, reaching 1.34. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Understanding Financial Valuation:
-
Price to Earnings (P/E) Ratio: The P/E ratio of 18.79 is lower than the industry average, implying a discounted valuation for Brunswick’s stock.
-
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.01, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): The company’s EV/EBITDA ratio of 9.93 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
Market Capitalization Analysis: Above industry benchmarks, the company’s market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
Unmasking the Significance of Insider Transactions
It’s important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Considering the legal perspective, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider’s new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
Deciphering Transaction Codes in Insider Filings
Navigating through the landscape of transactions, investors often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes 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 Brunswick’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Insider Decision: Michael J Laroche Offloads $459K Worth Of RPM Intl Stock
Revealing a significant insider sell on November 4, Michael J Laroche, VP at RPM Intl RPM, as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Laroche sold 3,615 shares of RPM Intl. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total transaction value is $459,611.
As of Tuesday morning, RPM Intl shares are up by 0.37%, currently priced at $128.01.
About RPM Intl
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributors, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a line of products ranging from niche applications of the other groups to marine finishes, to edible food colorings. The majority of revenue comes from North America.
Financial Milestones: RPM Intl’s Journey
Negative Revenue Trend: Examining RPM Intl’s financials over 3 months reveals challenges. As of 31 August, 2024, the company experienced a decline of approximately -2.14% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Navigating Financial Profits:
-
Gross Margin: Achieving a high gross margin of 42.5%, the company performs well in terms of cost management and profitability within its sector.
-
Earnings per Share (EPS): RPM Intl’s EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 1.78.
Debt Management: With a high debt-to-equity ratio of 0.89, RPM Intl faces challenges in effectively managing its debt levels, indicating potential financial strain.
Market Valuation:
-
Price to Earnings (P/E) Ratio: The P/E ratio of 26.74 is lower than the industry average, implying a discounted valuation for RPM Intl’s stock.
-
Price to Sales (P/S) Ratio: The P/S ratio of 2.24 is lower than the industry average, implying a discounted valuation for RPM Intl’s stock in relation to sales performance.
-
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an impressive EV/EBITDA ratio of 16.96, RPM Intl demonstrates exemplary market valuation, surpassing industry averages.
Market Capitalization Analysis: The company’s market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
Delving Into the Significance of Insider Transactions
Insider transactions shouldn’t be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision.
Within the legal framework, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
A Closer Look at Important Transaction Codes
Navigating through the landscape of transactions, investors often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes 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 RPM Intl’s Insider Trades.
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don’t miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.