The Exec. VP Finance and CFO of Norfolk Southern is Exercising Options


Today it was reported that the Exec. VP Finance and CFO of Norfolk Southern (NYSE: NSC), Cynthia Earhart, exercised options to sell 2,370 NSC shares at $75.14 a share, for a total transaction value of $414.9K.

Following Cynthia Earhart’s last NSC Sell transaction on May 11, 2018, the stock climbed by 22.3%. In addition to Cynthia Earhart, one other NSC executive reported Sell trades in the last month.

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Based on Norfolk Southern’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.9 billion and quarterly net profit of $709 million. In comparison, last year the company earned revenue of $2.64 billion and had a net profit of $496 million. NSC’s market cap is $48.93B and the company has a P/E ratio of 8.75. Currently, Norfolk Southern has an average volume of 79.63K.

Based on 13 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $180.17, reflecting a 3.4% upside.

The insider sentiment on Norfolk Southern has been negative according to 46 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States.

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