.jpg "Matthews International (NASDAQ: MATW)")
Today, the EVP, Strategy and Corp. Develo of Matthews International (NASDAQ: MATW), Brian J. Dunn, sold shares of MATW for $557.1K.
Following Brian J. Dunn’s last MATW Sell transaction on June 16, 2016, the stock climbed by 0.7%. In addition to Brian J. Dunn, one other MATW executive reported Sell trades in the last month.
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Based on Matthews International’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $414 million and quarterly net profit of $18.18 million. In comparison, last year the company earned revenue of $381 million and had a net profit of $14.92 million. MATW’s market cap is $1.73B and the company has a P/E ratio of 16.95. Currently, Matthews International has an average volume of 30.35K.
In the last 30 days, insiders have sold $557.1K worth of MATW shares and purchased $100K worth of MATW shares. The insider sentiment on Matthews International has been positive according to 49 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Brian J. Dunn’s trades have generated a -11.1% 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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Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial products. It operates through the following segments: SGK Brand Solutions, Memorialization, Industrial Technologies, and Other. The SGK Brand Solutions segment includes brand development, deployment, and delivery.
