.jpg "CH Robinson (NASDAQ: CHRW)")
Yesterday it was reported that the President of CH Robinson (NASDAQ: CHRW), Jordan Kass, exercised options to sell 6,190 CHRW shares at $58.25 a share, for a total transaction value of $600.7K.
Following Jordan Kass’ last CHRW Sell transaction on February 15, 2018, the stock climbed by 5.2%. In addition to Jordan Kass, one other CHRW executive reported Sell trades in the last month.
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Based on CH Robinson’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.28 billion and quarterly net profit of $159 million. In comparison, last year the company earned revenue of $3.71 billion and had a net profit of $111 million. CHRW’s market cap is $13.49B and the company has a P/E ratio of 23.88. Currently, CH Robinson has an average volume of 790.4K.
12 different firms, including B.Riley FBR and Merrill Lynch, currently also have a Sell rating on the stock. Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $99.40, reflecting a -2.2% downside.
The insider sentiment on CH Robinson 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.
Jordan Kass’ trades have generated a -11.1% 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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C.H. Robinson Worldwide, Inc. engages in the provision of freight transportation services and logistics solutions. It operates through the following business segments: North American Surface Transportation, Global Forwarding and Robinson Fresh. The North American Surface Transportation segment provides freight transportation services across North America.
