Today it was reported that the E.V.P. Market Develop. of Ormat Technologies Inc (ORA), Nir Wolf, exercised options to sell 3,600 ORA shares at $42.87 a share, for a total transaction value of $222.5K.
Following Nir Wolf’s last ORA Sell transaction on June 08, 2017, the stock climbed by 2.4%. In addition to Nir Wolf, one other ORA executive reported Sell trades in the last month.
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Based on Ormat Technologies Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $199 million and quarterly net profit of $25.95 million. In comparison, last year the company earned revenue of $184 million and had a net profit of $69.51 million. ORA’s market cap is $3.14B and the company has a P/E ratio of 58.21. Currently, Ormat Technologies Inc has an average volume of 26.27K.
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Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Other.
