Today it was reported that the CFO of Carriage Services (NYSE: CSV), Carl Benjamin Brink, exercised options to buy 12,000 CSV shares at $20.26 a share, for a total transaction value of $243.1K.
Following this transaction Carl Benjamin Brink’s holding in the company was increased by 70.25% to a total of $383.5K. In addition to Carl Benjamin Brink, one other CSV executive reported Buy trades in the last month.
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Based on Carriage Services’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $64.25 million and quarterly net profit of $2.73 million. In comparison, last year the company earned revenue of $63.96 million and had a net profit of $4.4 million. CSV’s market cap is $722.9M and the company has a P/E ratio of 10.38. Currently, Carriage Services has an average volume of 335.6K.
Starting in February 2018, CSV received 6 Buy ratings in a row.
In the last 30 days, insiders have sold $20.01K worth of CSV shares and purchased $243.1K worth of CSV shares. The insider sentiment on Carriage Services has been positive according to 41 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Carl Benjamin Brink’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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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.
