Today it was reported that a Director at Dycom (DY), Stephen Coley, exercised options to buy 10,000 DY shares at $8.60 a share, for a total transaction value of $86K.
This recent transaction increases Stephen Coley’s holding in the company by 13.13% to a total of $4.6 million.
See today’s analyst top recommended stocks >>
Based on Dycom’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $848 million and quarterly net profit of $27.83 million. In comparison, last year the company earned revenue of $756 million and had a net profit of $28.78 million. DY’s market cap is $1.67B and the company has a P/E ratio of 14.89. Currently, Dycom has an average volume of 363K.
The insider sentiment on Dycom has been positive according to 53 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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.
Dycom Industries, Inc. provides specialty contracting services throughout the United States and in Canada. The company’s services include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including other construction and maintenance services to electric and gas utilities, and others. It also provides placement and splicing of fiber, copper, and coaxial cables. The company was founded in 1969 and is headquartered in Palm Beach Gardens, FL.
