Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
💰 Hidden Value: These stocks are trading at deep discounts to true worth
Get the list
Re/Max Holdings executive sells $30,655 in stock
Published Feb 28, 2025 02:22
Leah R. Jenkins, Vice President and Chief Accounting Officer at RE/MAX Holdings, Inc. (NYSE:RMAX), recently executed a series of stock transactions as reported in a recent SEC filing. According to InvestingPro data, these transactions come at a time when the company's stock, currently trading at $9.02, appears undervalued based on comprehensive Fair Value analysis. On February 27, Jenkins sold 3,303 shares of Class A Common Stock at an average price of $9.2811 per share, totaling approximately $30,655. Prior to this, on February 25, she acquired 5,008 shares at no cost as part of a short-term incentive paid in equity. Additionally, Jenkins disposed of 1,705 shares at $8.93 per share to cover tax obligations related to the equity incentive. Following these transactions, Jenkins holds 25,333 shares, including restricted stock units. The company, with a market capitalization of $286 million, maintains a healthy financial position with a current ratio of 1.41 and trades at just 0.67 times book value. InvestingPro subscribers can access 12 additional key insights about RE/MAX's valuation and financial health in the comprehensive Pro Research Report.
In other recent news, Re Max Holding reported its fourth-quarter 2024 earnings, surpassing analysts' expectations with an earnings per share (EPS) of $0.30, slightly above the forecast of $0.29. However, the company faced a revenue shortfall, reporting $72.5 million compared to the anticipated $75.06 million. Despite the earnings beat, the revenue miss raised concerns among investors about the company's ability to meet market expectations. The company highlighted strategic initiatives and executive hires as future growth drivers. Re Max Holding also reported an adjusted EBITDA of $23.3 million, marking a 2% increase year-over-year, with an adjusted EBITDA margin of 32.2%. Analysts have shown interest in the company's potential for acquisitions and the enhancement of consumer experience through technology. Re Max Holding anticipates first-quarter 2025 revenue between $71 million and $76 million, projecting full-year 2025 revenue of $290 million to $310 million. The company continues to focus on operational efficiency and strategic growth to navigate the challenging housing market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.