Today it was reported that a Director at Eaton Vance Corp (EV), Richard Spillane, exercised options to buy 4,441 EV shares at $25.88 a share, for a total transaction value of $114.9K. The options were close to expired and Richard Spillane retained stocks.
Following this transaction Richard Spillane’s holding in the company was increased by 100% to a total of $184.4K. Following Richard Spillane’s last EV Buy transaction on November 02, 2015, the stock climbed by 7.9%.
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EV’s market cap is $4.8B and the company has a P/E ratio of 12.85. Currently, Eaton Vance Corp has an average volume of 65.03K.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $41.70, reflecting a -0.4% downside.
Richard Spillane’s trades have generated a 3.9% 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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Eaton Vance Corp. engages in the management of investment funds and provides counseling services. It offers a range of engineered portfolio implementation services, including tax-managed core and specialty index strategies, futures and options-based portfolio overlays, and centralized portfolio management of multi-manager portfolios.
