Today, the Chief Exec. Officer & Pres. of Genesee & Wyoming (NYSE: GWR), John Hellmann, bought shares of GWR for $1M.
Following John Hellmann’s last GWR Buy transaction on November 25, 2015, the stock climbed by 18.2%. Following this transaction John Hellmann’s holding in the company was increased by 2.61% to a total of $39.13 million.
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Based on Genesee & Wyoming’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $595 million and quarterly net profit of $44.17 million. In comparison, last year the company earned revenue of $540 million and had a net profit of $46.01 million. GWR’s market cap is $5.3B and the company has a P/E ratio of 9.26. Currently, Genesee & Wyoming has an average volume of 466.7K.
10 different firms, including Merrill Lynch and Cowen & Co., currently also have a Buy rating on the stock. Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $93.33, reflecting a 6.3% upside.
In the last 30 days, insiders have sold $547.5K worth of GWR shares and purchased $1M worth of GWR shares. The insider sentiment on Genesee & Wyoming has been negative according to 106 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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Genesee & Wyoming, Inc. engages in the ownership and operation of short line and regional freight railroads; and provision of railcar switching and other rail-related services. It operates through the following segments: North American Operations, Australian Operations, and United Kingdom or European Operations.
