Yesterday it was reported that the Chief Exec Officer, President of PulteGroup (PHM), Ryan Marshall, exercised options to sell 15,000 PHM shares at $12.33 a share, for a total transaction value of $417.2K.
Following Ryan Marshall’s last PHM Sell transaction on June 10, 2014, the stock climbed by 8.7%.
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Based on PulteGroup’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.97 billion and quarterly net profit of $235 million. In comparison, last year the company earned revenue of $2.79 billion and had a net profit of $76.58 million. PHM’s market cap is $7.64B and the company has a P/E ratio of 7.72. Currently, PulteGroup has an average volume of 4.07M.
Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $26.86, reflecting a -2.1% downside.
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PulteGroup, Inc. engages in the homebuilding business. It is also involved in the mortgage banking, and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments.
