Today it was reported that the CEO of Lamar Advertising (LAMR), Sean Reilly, exercised options to sell 107,606 LAMR shares at $42.21 a share, for a total transaction value of $8.56M.
Following Sean Reilly’s last LAMR Sell transaction on March 19, 2015, the stock climbed by 30.1%. 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 $7.87B and the company has a P/E ratio of 25.70. Currently, Lamar Advertising has an average volume of 220.5K.
The insider sentiment on Lamar Advertising has been neutral according to 21 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Sean Reilly’s trades have generated a -15.7% 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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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.
