Today, a Major Shareholder at Standard Diversified Inc (SDI), Standard General L.P., bought shares of SDI for $310K.
Following Standard General L.P.’s last SDI Buy transaction on July 06, 2018, the stock climbed by 2.8%. This is L.P.’s first transaction since reporting a Buy transaction on NCMI back in November 2018
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Based on Standard Diversified Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $91.6 million and quarterly net profit of $1.37 million. In comparison, last year the company earned revenue of $73.58 million and had a net profit of $847K. SDI’s market cap is $295M and the company has a P/E ratio of 49.42. Currently, Standard Diversified Inc has an average volume of 71.97K.
Standard General L.P.’s trades have generated a 19.4% 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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Standard Diversified, Inc. is a holding company, which owns and operates subsidiaries in a variety of industries, including other tobacco products, insurance, and outdoor advertising. It operates through the following segments: Smokeless Products, Smoking Products, NewGen Products, and Other.
