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Kenneth D. Krause, Executive Vice President, Chief Financial Officer and Treasurer Rollins Co., Ltd. (NYSE:) sold its stake in the company, according to a recent filing with the Securities and Exchange Commission. In the transaction, which took place on March 13th, 5,000 shares were sold at an average price of $46.18, for a total value of approximately $230,900.
This sale was conducted pursuant to a prearranged 10b5-1 transaction plan. This allows company insiders to make advance plans to buy and sell stocks at specified times. Sale prices for the shares ranged from $45.78 to $46.37, reflecting weighted average reported prices. Following the transaction, Mr. Kraus' holdings in Rollins will include both restricted and unrestricted stock, totaling 99,078 shares.
Rollins Inc., headquartered in Atlanta, Georgia, is a well-known service company specializing in servicing homes and other buildings. Transaction details provide transparency into the trading activities of company executives and are disclosed periodically in accordance with SEC regulations.
Investors and market watchers often monitor such insider transactions for insight into management sentiment regarding a company's stock. However, it is important to note that these buys and sells can be influenced by a variety of factors and do not necessarily represent a definitive trend.
The company's share price performance and financial health remain a key focus for stakeholders, and insider trading activity is just one of many aspects that can provide additional context to the picture.
Investment Pro Insights
As investors understand Rollins, Inc. (NYSE:ROL)'s recent insider trading activity, it is essential that they consider the company's financial health and market performance, which provides a more comprehensive picture of the company's current position. You will be able to understand. Rollins Inc has increased its dividend for 21 consecutive years, demonstrating an impressive track record of dividend reliability. This is a testament to the company's commitment to returning value to shareholders.
The company's gross profit margin is also noteworthy, holding steady at 52.17% over the past 12 months as of Q1 2023. This number shows that Rollins effectively controls cost of goods sold and has a strong pricing strategy. Retain more than half of your revenue as gross profit.
However, looking at valuation metrics, Rollins is trading at a high earnings multiple with a P/E ratio of 51.68 and a price-to-book ratio of 19.22 over the past 12 months, indicating that the stock is trading at a high earnings multiple, with a price-to-book ratio of 51.68 and a price-to-book ratio of 19.22 over the past 12 months. premium. This may be an important consideration for investors evaluating the company's stock for potential investment opportunities.
Additional information is available for investors interested in deeper analysis. investment pro tips Information is available that can shed light on Rollins' financial nuances and investment potential. For example, the company is also known for its low price volatility trading and has been profitable over the past 12 months, making it attractive to those looking for stability in their investments. To explore these tips and more, check out InvestingPro's full suite of tools and insights at https://www.investing.com/pro/ROL.Don't forget to use the coupon code pro news 24 Get an extra 10% off annual or biennial Pro and Pro+ subscriptions.There are 17 additional items investment pro tips The company is listed on Rollins and could help investors make more informed decisions.
Rollins Inc. has a market capitalization of $22.21 billion and grew its revenue by 14.0% over the past 12 months. This reflects the company's ability to expand its business and generate sales growth. Combine these data points with insights like: investment pro tipscan provide investors with a richer perspective on a company's financial trajectory and stock valuation.
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