Steven Rubin - Watsco Independent Director
| WSO Stock | USD 502.33 0.00 0.00% |
Director
Mr. Steven Rubin is Independent Director of the company. Mr. Rubin was appointed to the Board in March 2018. Mr. Rubin is founder and partner of humbition, an early stage venture fund investing in high growth internetbased businesses. He also founded Indiegogo, Inc., a company dedicated to empowering people from all over the world to make their ideas a reality. As Chief Executive Officer for a decade since inception in 2006, Mr. Rubin grew Indiegogo from an idea to over 500, 000 campaigns and more than 1 billion distributed around the world. Prior to Indiegogo, he was a strategy consultant for more than a decade serving clients such as Goldman Sachs, MasterCard and FedEx. He is also the founder of Music Against Myeloma, a charity that raises funds and awareness for cancer research in partnership with the International Myeloma Foundation. Mr. Rubin is a graduate of The Wharton School at the University of Pennsylvania. He currently serves as a member of the board for Indiegogo. Mr. Rubin is an innovative technologist who brings entrepreneurial, management, and strategic insights to the Board. He is a member of the Compensation Committee and Strategy Committee. since 2018.
| Age | 41 |
| Tenure | 7 years |
| Address | 2665 South Bayshore Drive, Miami, FL, United States, 33133 |
| Phone | 305 714 4100 |
| Web | https://www.watsco.com |
Steven Rubin Latest Insider Activity
Tracking and analyzing the buying and selling activities of Steven Rubin against Watsco stock is an integral part of due diligence when investing in Watsco. Steven Rubin insider activity provides valuable insight into whether Watsco is net buyers or sellers over its current business cycle. Note, Watsco insiders must abide by specific rules, including filing SEC forms every time they buy or sell Watsco'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Steven Rubin over six months ago Acquisition by Steven Rubin of 20000 shares of Chromadex Corp subject to Rule 16b-3 | ||
Steven Rubin over a year ago Acquisition by Steven Rubin of 188000 shares of Cocrystal Pharma subject to Rule 16b-3 | ||
Steven Rubin over a year ago Purchase by Steven Rubin of 10000 shares of Opko Health | ||
Steven Rubin over a year ago Purchase by Steven Rubin of 7000 shares of Chromadex Corp |
Watsco Management Efficiency
The company has Return on Asset of 0.1139 % which means that on every $100 spent on assets, it made $0.1139 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2238 %, implying that it generated $0.2238 on every 100 dollars invested. Watsco's management efficiency ratios could be used to measure how well Watsco manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of March 2025, Return On Assets is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.08. At this time, Watsco's Intangibles To Total Assets are very stable compared to the past year. As of the 21st of March 2025, Return On Assets is likely to grow to 0.13, while Intangible Assets are likely to drop about 131.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.11 |
Watsco Inc Leadership Team
Elected by the shareholders, the Watsco's board of directors comprises two types of representatives: Watsco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Watsco. The board's role is to monitor Watsco's management team and ensure that shareholders' interests are well served. Watsco'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, Watsco's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stephen Rush, Chief Operating Officer, Executive Vice President | ||
| Steven Rupp, Chief Officer | ||
| Aaron Nahmad, VP of Strategy and Innovation, Director of Global Bus. Devel., Director and Member of Nominating and Strategy Committee | ||
| Rick Gomez, Vice Development | ||
| Steven Rubin, Independent Director | ||
| Albert Nahmad, Chairman, CEO and President and Chairman of Nominating and Strategy Committee | ||
| Bob Moss, Independent Co-Vice Chairman of the Board | ||
| Cesar Alvarez, Independent Co-Vice Chairman of the Board | ||
| Ana Menendez, Chief Financial Officer, Treasurer, Assistant Secretary | ||
| J Custer, Independent Director | ||
| Barry CPA, Secretary Strategy | ||
| Barry Logan, Executive Vice President - Planning & Strategy, Secretary | ||
| Paul Johnston, Executive President | ||
| Denise Dickins, Lead Independent Director | ||
| Ana CPA, CFO Treasurer | ||
| George Sape, Independent Director | ||
| Brian Keeley, Independent Director | ||
| John Macdonald, Director |
Watsco 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 Watsco 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.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 20.19 B | ||||
| Shares Outstanding | 34.8 M | ||||
| Shares Owned By Insiders | 0.39 % | ||||
| Shares Owned By Institutions | 99.61 % | ||||
| Number Of Shares Shorted | 2.42 M | ||||
| Price To Earning | 36.34 X |
Pair Trading with Watsco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Watsco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Watsco will appreciate offsetting losses from the drop in the long position's value.Moving together with Watsco Stock
Moving against Watsco Stock
| 0.51 | DIST | Distoken Acquisition | PairCorr |
| 0.42 | BW | Babcock Wilcox Enter | PairCorr |
| 0.36 | BV | BrightView Holdings | PairCorr |
| 0.34 | BA | Boeing | PairCorr |
| 0.32 | J | Jacobs Solutions | PairCorr |
The ability to find closely correlated positions to Watsco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Watsco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Watsco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Watsco Inc to buy it.
The correlation of Watsco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Watsco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Watsco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Watsco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Trading Companies & Distributors 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 Watsco. If investors know Watsco 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 Watsco 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 0.145 | Dividend Share 10.55 | Earnings Share 13.3 | Revenue Per Share | Quarterly Revenue Growth 0.094 |
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco'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 Watsco's market value can be influenced by many factors that don't directly affect Watsco'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 Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco'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.