Chief Operating Officer At Global Partners Sells $462K Of Stock

Mark Romaine, Chief Operating Officer at Global Partners (NYSE:GLP), reported an insider sell on September 16, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Romaine sold 9,000 shares of Global Partners. The total transaction amounted to $462,960.

During Wednesday's morning session, Global Partners shares down by 1.45%, currently priced at $50.41.

Discovering Global Partners: A Closer Look

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.

A Deep Dive into Global Partners's Financials

Positive Revenue Trend: Examining Global Partners's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.93% as of 30 June, 2025, showcasing a substantial increase in top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.

Evaluating Earnings Performance:

• Gross Margin: The company faces challenges with a low gross margin of 5.89%, suggesting potential difficulties in cost control and profitability compared to its peers.

• Earnings per Share (EPS): Global Partners's EPS is below the industry average. The company faced challenges with a current EPS of 0.55. This suggests a potential decline in earnings.

Debt Management: Global Partners's debt-to-equity ratio is below the industry average at 2.92, reflecting a lower dependency on debt financing and a more conservative financial approach.

Valuation Analysis:

• Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 19.67, Global Partners's stock is perceived as being overvalued in the market.

• Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.1, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): A high EV/EBITDA ratio of 9.28 reflects market recognition of Global Partners's value, positioning it as more highly valued compared to industry peers.

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

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Delving Into the Significance of Insider Transactions

While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.

Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted 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.

Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.

Understanding Crucial Transaction Codes

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.