The SVP, CIO of Tetra Tech is Exercising Options


Today it was reported that the SVP, CIO of Tetra Tech (TTEK), Craig L. Christensen, exercised options to sell 6,750 TTEK shares at $22.53 a share, for a total transaction value of $445.3K.

Following Craig L. Christensen’s last TTEK Sell transaction on May 09, 2017, the stock climbed by 20.4%. In addition to Craig L. Christensen, one other TTEK executive reported Sell trades in the last month.

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Based on Tetra Tech’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $739 million and quarterly net profit of $28.8 million. In comparison, last year the company earned revenue of $735 million and had a net profit of $34.47 million. TTEK’s market cap is $3.66B and the company has a P/E ratio of 27.32. Currently, Tetra Tech has an average volume of 491.2K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $79.00, reflecting a 20.9% upside.

Craig L. Christensen’s trades have generated a -8.5% 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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Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Water, Environment and Infrastructure (WEI); Resource Management and Energy (RME); and Remediation and Construction Management (RCM).

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