Parthasarathy Srinivasa - Erie Indemnity Executive Officer

ERIE Stock  USD 431.30  2.80  0.65%   

Executive

Parthasarathy Srinivasa is Executive Officer of Erie Indemnity
Age 52
Address 100 Erie Insurance Place, Erie, PA, United States, 16530-0001
Phone814 870 2000
Webhttps://www.erieinsurance.com

Parthasarathy Srinivasa Latest Insider Activity

Tracking and analyzing the buying and selling activities of Parthasarathy Srinivasa against Erie Indemnity stock is an integral part of due diligence when investing in Erie Indemnity. Parthasarathy Srinivasa insider activity provides valuable insight into whether Erie Indemnity is net buyers or sellers over its current business cycle. Note, Erie Indemnity insiders must abide by specific rules, including filing SEC forms every time they buy or sell Erie Indemnity'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Erie Indemnity Management Efficiency

The company has return on total asset (ROA) of 0.1575 % which means that it generated a profit of $0.1575 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3142 %, meaning that it created $0.3142 on every $100 dollars invested by stockholders. Erie Indemnity's management efficiency ratios could be used to measure how well Erie Indemnity manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Assets is expected to grow to 0.19, whereas Return On Tangible Assets are forecasted to decline to 0.1. At present, Erie Indemnity's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.5 B, whereas Other Assets are forecasted to decline to about 36.7 M.
Erie Indemnity currently holds 112.25 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Erie Indemnity has a current ratio of 1.15, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Erie Indemnity's use of debt, we should always consider it together with its cash and equity.

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Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania. Erie Indemnity operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5805 people. Erie Indemnity (ERIE) is traded on NASDAQ Exchange in USA. It is located in 100 Erie Insurance Place, Erie, PA, United States, 16530-0001 and employs 6,481 people. Erie Indemnity is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Erie Indemnity Leadership Team

Elected by the shareholders, the Erie Indemnity's board of directors comprises two types of representatives: Erie Indemnity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Erie. The board's role is to monitor Erie Indemnity's management team and ensure that shareholders' interests are well served. Erie Indemnity's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Erie Indemnity's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPCU CPA, Ex CFO
Marc CIC, Senior Underwriting
Charles CIC, Senior Marketing
Jeffrey CPCU, Senior Services
CPCU FCAS, Ex Products
Ronald Habursky, Senior Officer
Bill Matrogran, Vice Operations
Scott Beilharz, Vice President
Charles Fletcher, Senior Marketing
Parthasarathy Srinivasa, Executive Officer
Keith Kennedy, Senior Innovation
Julie CPA, Executive CFO
CPCU CIC, Senior Service
Brian Esq, Corporate VP
CPA CIC, President CEO
Karen Skarupski, Senior Resources
AU CIC, Executive Services
CIPM CIPP, Senior Resources
Lorianne CPCU, Executive Service

Erie Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Erie Indemnity a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.22
Dividend Share
5.1
Earnings Share
10.67
Revenue Per Share
79.861
Quarterly Revenue Growth
0.164
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.