10% Owner Of Silvercrest Asset Mgmt Gr Purchased $76K In Stock

It was revealed in a recent SEC filing that Long Path Smaller Companies Fund LP, 10% Owner at Silvercrest Asset Mgmt Gr SAMG made a noteworthy insider purchase on May 2,.

What Happened: LP's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, involves purchasing 5,112 shares of Silvercrest Asset Mgmt Gr. The total transaction value is $76,936.

Tracking the Friday's morning session, Silvercrest Asset Mgmt Gr shares are trading at $14.53, showing a down of 0.0%.

Unveiling the Story Behind Silvercrest Asset Mgmt Gr

Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.

Silvercrest Asset Mgmt Gr: Financial Performance Dissected

Revenue Growth: Silvercrest Asset Mgmt Gr displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 0.18%. This indicates a notable 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 Financials sector.

Exploring Profitability:

• Gross Margin: The company faces challenges with a low gross margin of 16.89%, suggesting potential difficulties in cost control and profitability compared to its peers.

• Earnings per Share (EPS): Silvercrest Asset Mgmt Gr's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.05.

Debt Management: With a below-average debt-to-equity ratio of 0.35, Silvercrest Asset Mgmt Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.

Valuation Metrics:

• Price to Earnings (P/E) Ratio: The current P/E ratio of 15.14 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.

• Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 1.17, Silvercrest Asset Mgmt Gr's stock is perceived as being overvalued in the market, particularly in relation to sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 4.04, Silvercrest Asset Mgmt Gr presents an attractive value opportunity.

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

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Why Pay Attention to Insider Transactions

Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.

From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.

While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.

Transaction Codes To Focus On

When it comes to 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 indicates 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 Silvercrest Asset Mgmt Gr's Insider Trades.

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