Today, the President – Logistics Services of Forward Air Corp, Matthew Jewell, exercised options of Forward Air Corp (NASDAQ: FWRD) for $139.7K.
Following Matthew Jewell’s last FWRD Sell transaction on May 03, 2017, the stock climbed by 7.3%.
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Based on Forward Air Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $303 million and quarterly net profit of $17.6 million. In comparison, last year the company earned revenue of $247 million and had a net profit of $14.12 million. FWRD’s market cap is $1.72B and the company has a P/E ratio of 19.55. Currently, Forward Air Corp has an average volume of 43.08K.
The insider sentiment on Forward Air Corp has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Matthew Jewell’s trades have generated a -7.6% 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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Forward Air Corp. engages in the provision of surface transportation and logistics services to air freight market. It operates through the following segments: Expedited Less-Than-Truckload, Truckload Premium Services, Intermodal, and Pool Distribution.
