Today, the President & CEO of Arthur J Gallagher & Co (NYSE: AJG), Patrick J. Gallagher, bought shares of AJG for $600.9K.
Following Patrick J. Gallagher’s last AJG Buy transaction on November 20, 2015, the stock climbed by 24.7%. This is Gallagher’s first Buy trade following 6 Sell transactions.
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Based on Arthur J Gallagher & Co’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.8 billion and quarterly net profit of $274 million. In comparison, last year the company earned revenue of $1.41 billion and had a net profit of $55.7 million. AJG’s market cap is $11.94B and the company has a P/E ratio of 17.67. Currently, Arthur J Gallagher & Co has an average volume of 1.34M.
14 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock.
The insider sentiment on Arthur J Gallagher & Co has been negative according to 50 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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Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, consulting, and third party claims settlement and administration services to both domestic and international entities. It operates through the following segments: Brokerage, Risk Management, and Corporate.
