The President of Toll Brothers is Exercising Options


Today it was reported that the President of Toll Brothers (TOL), Richard Hartman, exercised options to sell 10,000 TOL shares at $18.38 a share, for a total transaction value of $371.7K.

Following Richard Hartman’s last TOL Sell transaction on August 31, 2016, the stock climbed by 6.7%.

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Based on Toll Brothers’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $1.36 billion and quarterly net profit of $112 million. In comparison, last year the company earned revenue of $1.18 billion and had a net profit of $132 million. TOL’s market cap is $5.42B and the company has a P/E ratio of 7.72. Currently, Toll Brothers has an average volume of 688.4K.

Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $36.83, reflecting a -0.7% downside.

The insider sentiment on Toll Brothers has been negative according to 33 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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Toll Brothers, Inc. engages in the design, building, marketing, and arranging of financing for detached and attached homes in residential communities. It operates through the Traditional Home Building and City Living segments.

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