The SVP & CAO of KB Home is Exercising Options


Today it was reported that the SVP & CAO of KB Home (KBH), William Hollinger, exercised options to sell 68,147 KBH shares at $15.44 a share, for a total transaction value of $1.78M.

Following William Hollinger’s last KBH Sell transaction on October 03, 2011, the stock climbed by 21.9%. In addition to William Hollinger, 2 other KBH executives reported Sell trades in the last month.

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KBH’s market cap is $2.34B and the company has a P/E ratio of 9.90. Currently, KB Home has an average volume of 760.8K.

Based on 11 analyst ratings, the analyst consensus is Hold with an average price target of $24.33, reflecting a -9.2% downside. Three different firms, including BTIG and Credit Suisse, currently also have a Sell rating on the stock.

The insider sentiment on KB Home has been negative according to 29 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

William Hollinger’s trades have generated a -91.3% 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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KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes and condominiums. It operates through the following segments: West Coast, Southwest, Central and Southeast.

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