The President of Cavco Industries (CVCO) is Selling Shares
Today, the President of Cavco Industries (CVCO), Charles Lott, sold shares of CVCO for $335.3K.
Following Charles Lott’s last CVCO Sell transaction on November 10, 2015, the stock climbed by 56.4%. In addition to Charles Lott, one other CVCO executive reported Sell trades in the last month.
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Based on Cavco Industries’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $242 million and quarterly net profit of $15.58 million. In comparison, last year the company earned revenue of $201 million and had a net profit of $6.18 million. CVCO’s market cap is $1.37B and the company has a P/E ratio of 17.67. Currently, Cavco Industries has an average volume of 70.74K.
The insider sentiment on Cavco Industries has been negative according to 12 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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Cavco Industries, Inc. engages in the development of residential modular structures. It offers manufactures homes; modular homes; park model RVs and cabins; commercial structures; mortgage lending; and insurance. The company was founded in 1965 and is headquartered in Phoenix, AZ.