Major Update: TODD SIEGEL At Superior Gr of Cos Exercises Options, Making A Strategic Move

A significant insider transaction involving the exercise of company stock options was reported on May 10, by TODD SIEGEL, Board Member at Superior Gr of Cos SGC, as per the latest SEC filing.

What Happened: SIEGEL, Board Member at Superior Gr of Cos, exercised stock options for 0 shares of SGC stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The exercise price of the options was $0.0 per share.

The Friday morning market activity shows Superior Gr of Cos shares down by 19.34%, trading at $16.06. This implies a total value of $0 for SIEGEL's 0 shares.

All You Need to Know About Superior Gr of Cos

Superior Group Of Companies Inc designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers. It generates maximum revenue from the Branded Products segment. The Branded Products segment produce and sell customized merchandising solutions, promotional products and branded uniform programs to customers.

Superior Gr of Cos's Financial Performance

Negative Revenue Trend: Examining Superior Gr of Cos's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -0.92% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Profitability Metrics:

• Gross Margin: The company shows a low gross margin of 37.79%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.

• Earnings per Share (EPS): Superior Gr of Cos's EPS reflects a decline, falling below the industry average with a current EPS of 0.22.

Debt Management: Superior Gr of Cos's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.

Financial Valuation Breakdown:

• Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 36.67 suggests caution, as the stock may be overvalued in the eyes of investors.

• Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.59, 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): With an impressive EV/EBITDA ratio of 12.59, Superior Gr of Cos demonstrates exemplary market valuation, surpassing industry averages.

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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The Relevance of Insider Transactions

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

In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.

Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.

Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.

Unlocking the Meaning of Transaction Codes

For investors, a primary focus lies on transactions occurring in the open market, as indicated 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 Superior Gr of Cos's Insider Trades.

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