Wed Oct 02 16:51:10 UTC 2024: ## Rollins, Inc. Insider Sells Shares Amidst Positive Analyst Sentiment

**New York, NY** – Elizabeth B. Chandler, an insider at Rollins, Inc. (NYSE:ROL), sold 4,685 shares of the company’s stock on October 1st, according to a recent SEC filing. The shares were sold at an average price of $50.49, resulting in a total transaction of $236,545.65. Following the transaction, Chandler now owns 84,653 shares of Rollins stock, valued at approximately $4,274,129.97.

Despite the insider sale, Rollins continues to see positive sentiment from analysts. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on the stock, while Wells Fargo & Company initiated coverage with an “overweight” rating and a $54.00 target price. StockNews.com also upgraded Rollins from a “hold” to a “buy” rating.

Rollins reported strong earnings results for the second quarter, beating analysts’ expectations for both earnings per share and revenue. The company’s revenue grew by 8.7% year-over-year, showcasing its continued growth trajectory.

Several large investors have also increased their positions in Rollins recently. Epoch Investment Partners Inc., Public Employees Retirement Association of Colorado, Intech Investment Management LLC, TD Asset Management Inc., and Cetera Investment Advisers all significantly raised their stakes in the company during the last few quarters.

Rollins, Inc. provides pest and wildlife control services to residential and commercial customers across the United States and internationally. The company’s strong financial performance, positive analyst sentiment, and increased institutional investment demonstrate its continued success in the pest control industry.

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