Today, the President-Kirby Distribution of Kirby (NYSE: KEX), Joseph Reniers, sold shares of KEX for $236.8K.
Following Joseph Reniers’ last KEX Sell transaction on January 16, 2018, the stock climbed by 16.6%. In addition to Joseph Reniers, 8 other KEX executives reported Sell trades in the last month.
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Based on Kirby’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $742 million and quarterly net profit of $32.32 million. In comparison, last year the company earned revenue of $492 million and had a net profit of $27.29 million. KEX’s market cap is $5.39B and the company has a P/E ratio of 16.68. Currently, Kirby has an average volume of 327.9K.
In the last 30 days, insiders have sold $16.42M worth of KEX shares and purchased $10.01M worth of KEX shares. The insider sentiment on Kirby has been negative according to 60 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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Kirby Corp. engages in the provision of diesel engines, reduction gears and ancillary products for marine and power generation applications. It operates through the Marine Transportation and Diesel Engine Services segments.
