A Director at Martin Marietta Materials (MLM) is Selling Shares


Today, a Director at Martin Marietta Materials (MLM), Sue Cole, sold shares of MLM for $292.6K.

In addition to Sue Cole, one other MLM executive reported Sell trades in the last month.

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Based on Martin Marietta Materials’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.02 billion and quarterly net profit of $94.24 million. In comparison, last year the company earned revenue of $971 million and had a net profit of $376 million. MLM’s market cap is $12.13B and the company has a P/E ratio of 26.12. Currently, Martin Marietta Materials has an average volume of 6,462.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $217.00, reflecting a 11.0% upside.

The insider sentiment on Martin Marietta Materials has been neutral according to 100 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographic segments: Mid-America Group, Southeast Group, and West Group. The Mid-America Group and Southeast Group segments provide aggregates products only.

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