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ATLANTA—Tesh Thomas, Chief Administrative Officer of Rollins Inc . (NYSE:ROL), executed a stock sale on March 10, 2025, according to a recent SEC filing. Thomas sold a total of 1,921 shares of Rollins common stock at a price of $51.78 per share, amounting to approximately $99,469. This transaction was carried out under a Rule 10b5-1 trading plan, a prearranged trading strategy that allows executives to sell a predetermined number of shares at a predetermined time. The stock currently trades near $52, with a market capitalization of $25.2 billion, according to InvestingPro data.
Following this sale, Thomas holds 41,173 shares directly, which include both restricted and unrestricted shares. Additionally, Thomas has indirect ownership of 5,000 shares through a 401(k) plan and 366 shares as part of a Dividend Reinvestment Plan. The company has maintained dividend payments for 55 consecutive years, with a current dividend yield of 1.26%.
Rollins Inc., a major player in the pest control industry, continues to be a point of interest for investors monitoring insider trading activities. The company demonstrates strong financial health with impressive gross profit margins of 52.7% and revenue growth of 10.3% over the last twelve months. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 17+ additional insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Rollins Inc. reported robust financial performance for the fourth quarter of 2024, with earnings per share meeting analysts’ expectations at $0.23 and revenue exceeding forecasts, reaching $832 million. The company also achieved a full-year revenue increase of 10.3% to $3.4 billion, supported by strong demand across its service offerings and strategic growth initiatives. Additionally, Rollins announced a significant financial move by issuing $500 million in senior unsecured notes, with proceeds intended to repay outstanding borrowings and support general corporate purposes. In the analyst community, Jefferies adjusted Rollins’ stock price target to $48.00 from $46.00, maintaining a Hold rating, following the company’s strong quarterly performance. Furthermore, Rollins appointed William Harkins as the new Chief Accounting Officer, bringing extensive experience from previous roles. The company also launched a private offering of senior notes to further strengthen its financial position. These developments reflect Rollins’ strategic efforts to optimize its capital structure and continue its growth trajectory.
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