In addition to Joseph Ianniello, 3 other CBS executives reported Sell trades in the last month.
Based on CBS Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.76 billion and quarterly net profit of $511 million. In comparison, last year the company earned revenue of $3.34 billion and had a GAAP net loss of $252 million. CBS’s market cap is $21.51B and the company has a P/E ratio of 19.06. Currently, CBS Corp has an average volume of 4.08M.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $65.00, reflecting a -10.5% downside. Five different firms, including Guggenheim and UBS, currently also have a Sell rating on the stock.
The insider sentiment on CBS Corp has been negative according to 99 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CBS Corp. operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through following segments: Entertainment, Cable Networks, Publishing, and Local Media.