A Director at MYR Group is Exercising Options


Today it was reported that a Director at MYR Group (MYRG), William Koertner, exercised options to sell 8,559 MYRG shares at $24.68 a share, for a total transaction value of $300.1K.

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Based on MYR Group’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $400 million and quarterly net profit of $7.96 million. In comparison, last year the company earned revenue of $374 million and had a net profit of $13.58 million. MYRG’s market cap is $574.1M and the company has a P/E ratio of 16.89. Currently, MYR Group has an average volume of 19.97K.

William Koertner’s trades have generated a 2.4% 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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MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution; and Commercial and Industrial segments.

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