Today it was reported that the SVP, CFO of Tennant Co (NYSE: TNC), Thomas Paulson, exercised options to sell 15,000 TNC shares at $10.08 a share, for a total transaction value of $1.17M.
This is Paulson’s first transaction since reporting a Buy transaction on SENEA back in December 2013 In addition to Thomas Paulson, one other TNC executive reported Sell trades in the last month.
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Based on Tennant Co’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $292 million and quarterly net profit of $12.74 million. In comparison, last year the company earned revenue of $271 million and had a GAAP net loss of $2.59 million. TNC’s market cap is $1.41B and the company has a P/E ratio of 87.53. Currently, Tennant Co has an average volume of 34.33K.
The insider sentiment on Tennant Co has been negative according to 30 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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Tennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments; detergent-free and other sustainable cleaning technologies; cleaning tools and supplies; and coatings for protecting, repairing and upgrading surfaces.
