LXP Industrial Trust EVP Trades $1.44M In Company Stock

A significant insider buy by Beth Boulerice, EVP at LXP Industrial Trust LXP, was executed on January 9, and reported in the recent SEC filing.

What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, Boulerice increased their investment in LXP Industrial Trust by purchasing 149,853 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $1,440,087.

The latest market snapshot at Wednesday morning reveals LXP Industrial Trust shares down by 0.0%, trading at $9.7.

Discovering LXP Industrial Trust: A Closer Look

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

LXP Industrial Trust: Delving into Financials

Revenue Growth: LXP Industrial Trust's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 6.66%. This indicates 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 Real Estate sector.

Insights into Profitability:

• Gross Margin: The company issues a cost efficiency warning with a low gross margin of 29.45%, indicating potential difficulties in maintaining profitability compared to its peers.

• Earnings per Share (EPS): LXP Industrial Trust's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.04.

Debt Management: LXP Industrial Trust's debt-to-equity ratio stands notably higher than the industry average, reaching 0.64. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

Valuation Metrics:

• Price to Earnings (P/E) Ratio: LXP Industrial Trust's current Price to Earnings (P/E) ratio of 57.06 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.

• Price to Sales (P/S) Ratio: With a P/S ratio of 8.23 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): The company's EV/EBITDA ratio 42.89 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

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Navigating the Impact of Insider Transactions on Investments

Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.

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.

Understanding Crucial Transaction Codes

Surveying the realm of stock transactions, investors often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes 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 LXP Industrial Trust's Insider Trades.

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