A Director at Carlisle Companies Inc (CSL) is Buying Shares

Today, a Director at Carlisle Companies Inc (NYSE: CSL), David A. Roberts, bought shares of CSL for $678.4K.

Following David A. Roberts’ last CSL Buy transaction on June 14, 2016, the stock climbed by 30.6%. Following this transaction David A. Roberts’ holding in the company was increased by 15.09% to a total of $30.93 million.

See today’s analyst top recommended stocks >>

Based on Carlisle Companies Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.24 billion and quarterly net profit of $113 million. In comparison, last year the company earned revenue of $1.07 billion and had a net profit of $101 million. CSL’s market cap is $7.64B and the company has a P/E ratio of 24.23. Currently, Carlisle Companies Inc has an average volume of 156K.

Starting in July 2018, CSL received 5 Buy ratings in a row. Four different firms, including B.Riley FBR and Robert W. Baird, currently also have a Buy rating on the stock. Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $136.75, reflecting a 7.1% upside.

In the last 30 days, insiders have sold $4.66M worth of CSL shares and purchased $678.4K worth of CSL shares.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Carlisle Cos., Inc. engages in the manufacture and distribution of engineered products for both original equipment and aftermarket channels. It operates through the following segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle FoodService Products, Carlisle Fluid Technologies, and Carlisle Brake & Friction.

From Our Partners