Options Exercise: Pamela G Bailey At Integer Holdings Realizes $260K

Highlighted on January 6, it was unveiled in an SEC filing that Bailey, Board Member at Integer Holdings ITGR, executed a significant transaction involving the exercise of company stock options.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Bailey, Board Member at Integer Holdings, a company in the Health Care sector, just exercised stock options worth 2,877 shares of ITGR stock with an exercise price of $45.39.

As of Monday morning, Integer Holdings shares are up by 1.53%, with a current price of $135.94. This implies that Bailey's 2,877 shares have a value of $260,512.

Discovering Integer Holdings: A Closer Look

Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.

Financial Insights: Integer Holdings

Revenue Growth: Over the 3 months period, Integer Holdings showcased positive performance, achieving a revenue growth rate of 8.72% as of 30 September, 2024. This reflects 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 Health Care sector.

Exploring Profitability:

• Gross Margin: The company shows a low gross margin of 27.02%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.

• Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.05, Integer Holdings showcases strong earnings per share.

Debt Management: Integer Holdings's debt-to-equity ratio is below the industry average at 0.72, reflecting a lower dependency on debt financing and a more conservative financial approach.

Financial Valuation:

• Price to Earnings (P/E) Ratio: The P/E ratio of 40.21 is lower than the industry average, implying a discounted valuation for Integer Holdings's stock.

• Price to Sales (P/S) Ratio: The Price to Sales ratio is 2.74, 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 18.39 is below the industry average, indicating that it may be relatively undervalued compared to peers.

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

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Why Insider Transactions Are Important

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

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.

Breaking Down the Significance of Transaction Codes

Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.

Check Out The Full List Of Integer Holdings's Insider Trades.

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