A Director at Carpenter Technology is Exercising Options


Today, a Director at Carpenter Technology, Martin Inglis, exercised options of Carpenter Technology for $125.8K.

Following Martin Inglis’ last CRS Sell transaction on August 28, 2017, the stock climbed by 13.7%. In addition to Martin Inglis, one other CRS executive reported Sell trades in the last month.

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Based on Carpenter Technology’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $573 million and quarterly net profit of $29.9 million. In comparison, last year the company earned revenue of $473 million and had a net profit of $20.6 million. The company has a one-year high of $55.29 and a one-year low of $34.95. CRS’s market cap is $2.49B and the company has a P/E ratio of 14.85.

The insider sentiment on Carpenter Technology has been positive according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Martin Inglis’ trades have generated a -8.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Carpenter Technology Corp. engages in the manufacture, fabrication, and distribution of specialty metals. It operates through the following segments: Specialty Alloys Operations and Performance Engineered Products. The Specialty Alloys Operations segment comprises of the company’s premium alloy and stainless steel manufacturing operations.

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