The EVP & COO of Primerica (PRI) is Selling Shares


Today, the EVP & COO of Primerica (NYSE: PRI), Gregory Pitts, sold shares of PRI for $299.5K.

Following Gregory Pitts’ last PRI Sell transaction on February 12, 2015, the stock climbed by 70.9%. In addition to Gregory Pitts, one other PRI executive reported Sell trades in the last month.

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Based on Primerica’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $477 million and quarterly net profit of $86.22 million. In comparison, last year the company earned revenue of $420 million and had a net profit of $62.68 million. PRI’s market cap is $5.31B and the company has a P/E ratio of 14.33. Currently, Primerica has an average volume of 198K.

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Primerica, Inc. engages in the distribution of financial products to middle income households. It operates through the following segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products.

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