CHARLES SLEDGE Executes Sell Order: Offloads $95K In Weatherford International Stock

CHARLES SLEDGE, Board Member at Weatherford International WFRD, reported an insider sell on January 22, according to a new SEC filing.

What Happened: SLEDGE opted to sell 1,295 shares of Weatherford International, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $95,817.

At Thursday morning, Weatherford International shares are down by 0.0%, trading at $71.0.

About Weatherford International

Weatherford International provides diversified oilfield services across international markets for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International: Financial Performance Dissected

Revenue Growth: Over the 3 months period, Weatherford International showcased positive performance, achieving a revenue growth rate of 7.31% as of 30 September, 2024. This reflects 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 Energy sector.

Insights into Profitability:

• Gross Margin: The company excels with a remarkable gross margin of 34.92%, indicating superior cost efficiency and profitability compared to its industry peers.

• Earnings per Share (EPS): Weatherford International's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 2.117486.

Debt Management: Weatherford International's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.35.

Analyzing Market Valuation:

• Price to Earnings (P/E) Ratio: The P/E ratio of 9.93 is lower than the industry average, implying a discounted valuation for Weatherford International's stock.

• Price to Sales (P/S) Ratio: The P/S ratio of 0.96 is lower than the industry average, implying a discounted valuation for Weatherford International's stock in relation to sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): At 4.94, Weatherford International's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.

The Impact of Insider Transactions on Investments

Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.

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.

Important Transaction Codes

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 Weatherford International'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.