Today it was reported that the CEO of Lamar Advertising (LAMR), Sean Reilly, exercised options to sell 50,000 LAMR shares at $42.21 a share, for a total transaction value of $3.93M.
In addition to Sean Reilly, one other LAMR executive reported Sell trades in the last month.
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Based on Lamar Advertising’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $428 million and quarterly net profit of $95.69 million. In comparison, last year the company earned revenue of $398 million and had a net profit of $87.16 million. LAMR’s market cap is $7.77B and the company has a P/E ratio of 25.36. Currently, Lamar Advertising has an average volume of 241.9K.
The insider sentiment on Lamar Advertising has been negative according to 22 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Lamar Advertising Co. engages in advertising services. The firm rent advertising space on billboards, buses, shelters, benches, logo plates, and in airport terminals. The company was founded in 1902 and is headquartered in Baton Rouge, LA.
