Today, the President & CEO of Sothebys (BID), Thomas S. Smith, bought shares of BID for $624.5K.
Following this transaction Thomas S. Smith’s holding in the company was increased by 11.18% to a total of $6.21 million. Following Thomas S. Smith’s last BID Buy transaction on August 12, 2015, the stock climbed by 3.7%.
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BID’s market cap is $2.01B and the company has a P/E ratio of 22.21. Currently, Sothebys has an average volume of 176.7K.
Starting in February 2018, BID received 9 Buy ratings in a row.
Thomas S. Smith’s trades have generated a 3.5% 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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Sotheby’s operates as an art auction house. It operates through the following segments: Agency, SFS, and All Other. The Agency segment accepts property on consignment, and match sellers to buyers through the auction of private sale process.
