The President & CEO of Cai International (CAI) is Buying Shares


Today, the President & CEO of Cai International (NYSE: CAI), Victor Garcia, bought shares of CAI for $300K.

Following Victor Garcia’s last CAI Buy transaction on March 07, 2016, the stock climbed by 15.8%. In addition to Victor Garcia, 2 other CAI executives reported Buy trades in the last month.

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Based on Cai International’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $95.37 million and quarterly net profit of $17.14 million. In comparison, last year the company earned revenue of $81.51 million and had a net profit of $5.27 million. CAI’s market cap is $504.3M and the company has a P/E ratio of 5.92. Currently, Cai International has an average volume of 159.9K.

12 different firms, including B.Riley FBR and Compass Point, currently also have a Buy rating on the stock. Starting in October 2017, CAI received 5 Buy ratings in a row.

In the last 30 days, insiders have sold $55.89M worth of CAI shares and purchased $300K worth of CAI shares. The insider sentiment on Cai International has been negative according to 32 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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CAI International, Inc. is an intermodal freight container leasing and management company. The company operates through the following segments: Container Leasing, Rail Leasing and Logistics. The container leasing segment manages container portfolios on behalf of third party investors. The rail leasing segment deals with ownership and leasing of railcars.

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