The EVP, CMO of Ryder System is Exercising Options


Today it was reported that the EVP, CMO of Ryder System (NYSE: R), Karen Jones, exercised options to sell 20,103 R shares at $64.85 a share, for a total transaction value of $1.55M.

In addition to Karen Jones, one other R executive reported Sell trades in the last month.

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Based on Ryder System’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.09 billion and quarterly net profit of $42.1 million. In comparison, last year the company earned revenue of $1.79 billion and had a net profit of $50.63 million. R’s market cap is $4.1B and the company has a P/E ratio of 5.28. Currently, Ryder System has an average volume of 274.4K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $85.00, reflecting a -8.5% downside.

The insider sentiment on Ryder System has been negative according to 53 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Karen Jones’ trades have generated a -5.8% 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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Ryder System, Inc. engages in the business of transportation and supply chain management solutions. It operates through the following segments It operates its business through three segments: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions.

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