A Director at Core-Mark Holding Company (CORE) is Buying Shares

Today, a Director at Core-Mark Holding Company (NASDAQ: CORE), Randolph Thornton, bought shares of CORE for $182.6K.

This recent transaction increases Randolph Thornton’s holding in the company by 9.13% to a total of $2.18 million.

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Based on Core-Mark Holding Company’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.81 billion and GAAP net loss of $1.3 million. In comparison, last year the company earned revenue of $3.5 billion and had a net profit of $2.1 million. CORE’s market cap is $841.8M and the company has a P/E ratio of 28.27. Currently, Core-Mark Holding Company has an average volume of 346K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $24.50, reflecting a -25.1% downside. Five different firms, including Jefferies and Raymond James, currently also have a Buy rating on the stock.

The insider sentiment on Core-Mark Holding Company has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Randolph Thornton’s trades have generated a 17.7% 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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Core-Mark Holding Co., Inc. engages in distribution and marketing of consumer goods. It offers products, marketing programs, and technology solutions. It operates through the following geographical segments: United States, Canada, and Corporate.