The CFO & Treasurer of Tri Pointe (TPH) is Selling Shares


Today, the CFO & Treasurer of Tri Pointe (NYSE: TPH), Michael Grubbs, sold shares of TPH for $1.76M.

In addition to Michael Grubbs, one other TPH executive reported Sell trades in the last month.

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Based on Tri Pointe’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $584 million and quarterly net profit of $42.88 million. In comparison, last year the company earned revenue of $393 million and had a net profit of $8.19 million. TPH’s market cap is $2.67B and the company has a P/E ratio of 12.08. Currently, Tri Pointe has an average volume of 1.39M.

The insider sentiment on Tri Pointe has been negative according to 43 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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TRI Pointe Group, Inc. designs constructs and sells single-family homes and condominiums. It operates through the Homebuilding and Financial Services segments.

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