Global Partners Chief Operating Officer Trades $481K In Company Stock

Mark Romaine, Chief Operating Officer at Global Partners GLP, disclosed an insider sell on June 26, according to a recent SEC filing.

What Happened: Romaine opted to sell 9,000 shares of Global Partners, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The transaction's total worth stands at $481,949.

Global Partners shares are trading down 0.0% at $51.07 at the time of this writing on Thursday morning.

All You Need to Know About Global Partners

Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.

Global Partners: Financial Performance Dissected

Revenue Growth: Over the 3 months period, Global Partners showcased positive performance, achieving a revenue growth rate of 10.78% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.

Key Profitability Indicators:

• Gross Margin: With a low gross margin of 5.56%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.

• Earnings per Share (EPS): Global Partners's EPS reflects a decline, falling below the industry average with a current EPS of 0.37.

Debt Management: With a high debt-to-equity ratio of 3.09, Global Partners faces challenges in effectively managing its debt levels, indicating potential financial strain.

Evaluating Valuation:

• Price to Earnings (P/E) Ratio: Global Partners's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 16.26.

• Price to Sales (P/S) Ratio: With a P/S ratio of 0.1 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): A high EV/EBITDA ratio of 9.12 positions the company as being more valued compared to industry benchmarks.

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

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Illuminating the Importance of 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 Worth Your Attention

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 Global Partners's Insider Trades.

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