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Major Purchase Alert: JOSEPH RIGBY Invests $205K In Dominion Energy Stock

In a recent SEC filing, it was revealed that JOSEPH RIGBY, Director at Dominion Energy D, made a noteworthy insider purchase on May 8,.

What Happened: RIGBY’s recent purchase of 3,767 shares of Dominion Energy, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, reflects confidence in the company’s potential. The total transaction value is $205,979.

The latest update on Friday morning shows Dominion Energy shares up by 0.49%, trading at $55.27.

About Dominion Energy

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Unraveling the Financial Story of Dominion Energy

Revenue Growth: Dominion Energy’s revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 12.22%. This indicates a substantial increase in the company’s top-line earnings. When compared to others in the Utilities sector, the company excelled with a growth rate higher than the average among peers.

Analyzing Profitability Metrics:

  • Gross Margin: The company maintains a high gross margin of 50.54%, indicating strong cost management and profitability compared to its peers.

  • Earnings per Share (EPS): Dominion Energy’s EPS reflects a decline, falling below the industry average with a current EPS of 0.75.

Debt Management: With a high debt-to-equity ratio of 1.67, Dominion Energy faces challenges in effectively managing its debt levels, indicating potential financial strain.

In-Depth Valuation Examination:

  • Price to Earnings (P/E) Ratio: Dominion Energy’s current Price to Earnings (P/E) ratio of 21.24 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.

  • Price to Sales (P/S) Ratio: The current P/S ratio of 3.11 is above industry norms, reflecting an elevated valuation for Dominion Energy’s stock and potential overvaluation based on sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Dominion Energy’s EV/EBITDA ratio, surpassing industry averages at 12.94, positions it with an above-average valuation in the market.

Market Capitalization Analysis: Above industry benchmarks, the company’s market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

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Unmasking the Significance of Insider Transactions

Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.

In the context of legal matters, the term “insider” refers to any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed 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.

Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.

Cracking Transaction Codes

Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.

Check Out The Full List Of Dominion Energy’s Insider Trades.

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