Today, a Director at Erie Indemnity Company (ERIE), Ralph Borneman, sold shares of ERIE for $1.76M.
In addition to Ralph Borneman, one other ERIE executive reported Sell trades in the last month.
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Based on Erie Indemnity Company’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $584 million and quarterly net profit of $62.31 million. In comparison, last year the company earned revenue of $408 million and had a net profit of $32.05 million. ERIE’s market cap is $8.22B and the company has a P/E ratio of 32.01. Currently, Erie Indemnity Company has an average volume of 3,891.
In the last 30 days, insiders have sold $1.76M worth of ERIE shares and purchased $20.01K worth of ERIE shares. The insider sentiment on Erie Indemnity Company has been positive according to 50 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Erie Indemnity Co. engages in the business of insurance and operates as an attorney-in-fact. It performs certain services for the Erie Insurance Exchange relating to the sales, underwriting, and issuance of policies. It manages affairs at the Erie Insurance Exchange for the benefit of the policyholders.
