Top25-SA-Banner

The President of Harris (HRS) is Selling Shares


Today, the President of Harris (NYSE: HRS), Christopher D. Young, sold shares of HRS for $3.99M.

Following Christopher D. Young’s last HRS Sell transaction on August 11, 2017, the stock climbed by 47.5%.

See today’s analyst top recommended stocks >>

Based on Harris’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.67 billion and quarterly net profit of $216 million. In comparison, last year the company earned revenue of $1.54 billion and had a net profit of $139 million. HRS’s market cap is $19.34B and the company has a P/E ratio of 27.65. Currently, Harris has an average volume of 434.9K.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $184.86, reflecting a 12.2% upside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Harris Corp. engages in the provision of technology-based solutions for tactical communications, geospatial systems and services, air traffic management, avionics and electronic warfare, and space and intelligence. It operates through the following business segments: Communication Systems, Electronic Systems, Space and Intelligence Systems, and Corporate.