Today, the EVP & CFO of ARAMARK Holdings (ARMK), Stephen Bramlage, bought shares of ARMK for $99.84K.
This is Bramlage’s first transaction since reporting a Buy transaction on OI back in March 2015 This recent transaction increases Stephen Bramlage’s holding in the company by 3.18% to a total of $3.24 million.
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Based on ARAMARK Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $4.27 billion and quarterly net profit of $251 million. In comparison, last year the company earned revenue of $3.97 billion and had a net profit of $292 million. ARMK’s market cap is $7.68B and the company has a P/E ratio of 15.00. Currently, ARAMARK Holdings has an average volume of 4.01M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $40.00, reflecting a 28.2% upside. Five different firms, including Credit Suisse and Nomura, currently also have a Buy rating on the stock.
The insider sentiment on ARAMARK Holdings has been positive according to 123 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Stephen Bramlage’s trades have generated a -2.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Aramark engages in the provision of food, facilities, and uniform services. It operates through the following business segments: Food and Support Services United States (FSS United States); Food and Support Services International (FSS International); and Uniform.
