Smart Money Move: Vincent H Chao Grabs $389K Worth Of NNN REIT Stock

A notable insider purchase on January 13, was reported by Vincent H Chao, EVP at NNN REIT NNN, based on the most recent SEC filing.

What Happened: Chao made a significant move by purchasing 10,000 shares of NNN REIT as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction’s total worth stands at $389,000.

The latest update on Tuesday morning shows NNN REIT shares up by 0.23%, trading at $38.68.

Discovering NNN REIT: A Closer Look

NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company’s properties are located in the South and Southeast of the United States.

Financial Milestones: NNN REIT’s Journey

Revenue Growth: NNN REIT’s revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 6.55%. This indicates a substantial increase in the company’s top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.

Navigating Financial Profits:

• Gross Margin: The company sets a benchmark with a high gross margin of 96.68%, reflecting superior cost management and profitability compared to its peers.

• Earnings per Share (EPS): NNN REIT’s EPS is below the industry average. The company faced challenges with a current EPS of 0.53. This suggests a potential decline in earnings.

Debt Management: NNN REIT’s debt-to-equity ratio is below the industry average at 1.0, reflecting a lower dependency on debt financing and a more conservative financial approach.

Financial Valuation:

• Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 17.87, the stock indicates an attractive valuation, potentially presenting a buying opportunity.

• Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 8.15, NNN REIT’s stock is perceived as being overvalued in the market, particularly in relation to sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): NNN REIT’s EV/EBITDA ratio at 13.9 suggests potential undervaluation, falling below industry averages.

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

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Why Pay Attention to Insider Transactions

Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.

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.

Exploring Key Transaction Codes

Delving into transactions, investors typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates 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 NNN REIT’s Insider Trades.

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