Today, the CEO of Carriage Services (CSV), Melvin Payne, bought shares of CSV for $1.06M.
This recent transaction increases Melvin Payne’s holding in the company by 5.48% to a total of $20.96 million. This is Payne’s first Buy trade following 3 Sell transactions.
See today’s analyst top recommended stocks >>
Based on Carriage Services’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $64.48 million and quarterly net profit of $2.19 million. In comparison, last year the company earned revenue of $61.34 million and had a net profit of $3.03 million. CSV’s market cap is $519.4M and the company has a P/E ratio of 7.69. Currently, Carriage Services has an average volume of 204.5K.
Starting in February 2018, CSV received 8 Buy ratings in a row.
The insider sentiment on Carriage Services has been positive according to 47 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Carriage Services, Inc. provides funeral and cemetery services and products in the United States of America. It operates through two segments: Funeral Home Operations and Cemetery Operations.
