--- title: "SVP Of Reliance Makes $974K Sale" type: "News" locale: "en" url: "https://longbridge.com/en/news/294385422.md" description: "William A. Smith II, SVP at Reliance (NYSE:RS), sold 2,353 shares worth $974,630 on July 29, per SEC Form 4 filings. The transaction occurred as Reliance shares rose 0.36% to $403.62. Reliance provides diversified metal solutions with strong revenue growth of 26.51% and a high gross margin of 28.09%, though its EPS lags industry averages." datetime: "2026-07-30T15:01:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294385422.md) - [en](https://longbridge.com/en/news/294385422.md) - [zh-HK](https://longbridge.com/zh-HK/news/294385422.md) generator: "portal-rs" --- # SVP Of Reliance Makes $974K Sale On July 29, a recent SEC filing unveiled that **William A. Smith II**, SVP at **Reliance** (NYSE:RS) made an insider sell. **What Happened:** A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that II executed a sale of 2,353 shares of **Reliance** with a total value of $974,630. During Thursday's morning session, **Reliance** shares up by 0.36%, currently priced at $403.62. ### Discovering Reliance: A Closer Look Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee. ### Financial Milestones: Reliance's Journey **Revenue Growth:** Reliance's remarkable performance in 3 months is evident. As of 30 June, 2026, the company achieved an impressive revenue growth rate of **26.51%**. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector. **Evaluating Earnings Performance:** - Gross Margin: The company maintains a high gross margin of 28.09%, indicating strong cost management and profitability compared to its peers. - Earnings per Share (EPS): Reliance's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 6.33. **Debt Management:** The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at **0.27**. **Market Valuation:** - Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 23.45, 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 1.33, Reliance'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): Boasting an EV/EBITDA ratio of 13.7, Reliance demonstrates a robust market valuation, outperforming industry benchmarks. **Market Capitalization Analysis:** With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition. ### Navigating the Impact of Insider Transactions on Investments Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making. In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction. Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock. Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors. ### A Deep Dive into Insider 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 Reliance's Insider Trades. *This article was generated by Benzinga's automated content engine and reviewed by an editor.* ### Related Stocks - [RS.US](https://longbridge.com/en/quote/RS.US.md) ## Related News & Research - [Does Reliance (RS) Monetizing Complex Projects Enhance Or Complicate Its Core Metals Narrative?](https://longbridge.com/en/news/296708720.md) - [International Battery Metals director Scott Colangelo files initial beneficial ownership statement](https://longbridge.com/en/news/296650478.md) - [Q3 Earnings Forecast for FormFactor Issued By Zacks Research](https://longbridge.com/en/news/296738760.md) - [Commercial Metals files Form 3 for SVP, EBG and Chief Commercial Officer Michael Doucet](https://longbridge.com/en/news/296793737.md) - [Amundi Physical Metals issues 90,000 Amundi Physical Gold ETC securities in tranche 900](https://longbridge.com/en/news/296484963.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**