Insider Sale of 60,000 Shares of Equitable Holdings Inc: Should You Follow Suit?
December 16, 2023
☀️Trending News
It is the parent company of several well-known subsidiaries, such as AXA Equitable Life Insurance Company and Alliance Bernstein. Over the last decade, EQH has seen tremendous growth, becoming one of the largest publicly-traded companies in the United States. Given their recent insider sale, analysts are questioning whether investors should take profits and cash out their shares of EQH. The sale itself was not necessarily done for any particular reason, as there were no news releases or other indications of what caused the sale. It could be that the insider saw potential for a downturn in the market and wanted to get out before it happened, or it could just be a case of taking profits. Either way, it’s important for investors to evaluate their own portfolios and determine if selling their EQH shares would be in their best interests.
Regardless, the decision to sell or hold EQH shares should be based on an individual’s own financial goals and objectives. Investors should consider their portfolio’s future potential with EQH shares as well as their own risk tolerance. For those with a long-term focus, EQH may still be a good investment, but for those who are more concerned with short-term gains, selling may be the preferred option. Ultimately, it’s up to the individual investor to decide what to do with their Equitable Holdings ($NYSE:EQH) shares.
Market Price
On Friday, Equitable Holdings Inc. (EQUITABLE) opened at $34.4 and closed at $34.0, down 1.2% from last closing price of 34.5. This marked a significant shift in the stock’s performance, as large-scale insider sales had just taken place. Although the company did not provide an official statement, this could be an indicator of a future downturn in the stock’s performance. As an investor, it is important to consider if this insider sale might be a warning signal for the stock’s future performance.
While it may be wise to take this news into consideration, it is also important to note that these sales could simply be part of a routine strategy for managing investments, and not necessarily indicative of any potential risks associated with EQUITABLE’s future prospects. Ultimately, it is up to each investor to make the decision whether or not to follow suit with the insider sale of EQUITABLE shares. Those who do choose to sell should take into account all factors before making their decision and carefully weigh the potential risks and rewards of their action. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Equitable Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 10.25k | 1.13k | 11.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Equitable Holdings. More…
| Operations | Investing | Financing |
| -537 | -7.49k | 7.65k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Equitable Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 260.25k | 256.33k | 4.8 |
Key Ratios Snapshot
Some of the financial key ratios for Equitable Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.9% | – | 8.4% |
| FCF Margin | ROE | ROA |
| -7.2% | 20.6% | 0.2% |
Analysis
At GoodWhale, we have conducted an analysis of EQUITABLE HOLDINGS‘s wellbeing. Our Star Chart indicates that EQUITABLE HOLDINGS is strong in dividend, but weak in asset, growth, and profitability. We have classified EQUITABLE HOLDINGS as a ‘cow’, meaning the company has the track record of paying out consistent and sustainable dividends. Investors who are looking for consistent and reliable income may be interested in such a company. However, EQUITABLE HOLDINGS has a low health score of 2/10 with regard to its cashflows and debt, so it is less likely to safely ride out any crisis without the risk of bankruptcy. Therefore, potential investors should do their due diligence before investing in EQUITABLE HOLDINGS. More…
Peers
Competition between Equitable Holdings Inc and its competitors, Momentum Metropolitan Holdings Ltd, KWI PCL, and iA Financial Corp Inc, is intense. All of these companies strive to offer the best services to their customers in order to remain competitive in the market. Each company has its own unique set of strengths and weaknesses, and they are constantly working to improve their offerings and stay ahead of the competition.
– Momentum Metropolitan Holdings Ltd ($BER:M1A)
Momentum Metropolitan Holdings Ltd is an insurance and financial services company based in South Africa. The company operates in two main segments: Life Insurance and Short-term Insurance. As of 2022, the company has a market cap of 1.41 billion dollars and a Return on Equity of 26.28%. This indicates that the company is doing well financially and has strong financial performance relative to its peers. The company’s strong financial performance is likely due to its focus on providing quality services to its customers and its ability to control costs. Momentum Metropolitan Holdings Ltd is well-positioned to continue its growth in the future.
– KWI PCL ($SET:KWI)
KWI PCL is a Thailand-based company that specializes in the production and sale of energy, petrochemical, and other industrial products. The company has a market capitalization of 5.52 billion USD as of 2022, which is an indication of the size and value of the company. KWI PCL also has a Return on Equity (ROE) of -1.33%, which suggests that the company is not generating a return on the equity that has been invested into it. This could be due to a variety of factors such as poor management decisions or an excessively competitive industry. Despite this, KWI PCL continues to remain a prominent player in the industry and is dedicated to providing its customers with quality products and services.
– iA Financial Corp Inc ($TSX:IAG)
Merrill Lynch & Co. Inc., commonly referred to as Merrill Lynch, is a leading global financial services firm with a market cap of 8.08B as of 2022. The company provides a range of products and services to corporate, institutional, government and individual clients, including investments, wealth management, capital markets, and advisory solutions. Merrill Lynch is renowned for its strong Return on Equity of 9.41%, reflecting the company’s proficient capital deployment and management. The company is well-positioned to capitalize on the growth opportunities in the financial services industry.
Summary
EQUITABLE Holdings Inc (EQH) is a publicly traded company that provides financial services. Investing in EQH can be a good option as the company has a track record of delivering strong returns on investment.
However, recent news about an insider selling 60000 shares of EQH should raise some red flags for potential investors. It is important to assess the current financial standing and analyze the underlying fundamentals of the company before making an investment decision. Analyzing the performance of EQH’s peers in the industry, economic conditions, and other factors can help investors make an informed decision. Investors should also consider their own risk tolerance before investing in EQH and use appropriate strategies to reduce or eliminate their risk.
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