.png "Arris Group (NASDAQ: ARRS)")
Today, the SVP, GLOBAL SUPPLY CHAIN of Arris Group (NASDAQ: ARRS), James R. Brennan, sold shares of ARRS for $273.8K.
In addition to James R. Brennan, one other ARRS executive reported Sell trades in the last month.
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Based on Arris Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.58 billion and GAAP net loss of $13.6 million. In comparison, last year the company earned revenue of $1.48 billion and had a GAAP net loss of $39.1 million. ARRS’s market cap is $5.07B and the company has a P/E ratio of 43.46. Currently, Arris Group has an average volume of 645K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $33.50, reflecting a -18.9% downside.
The insider sentiment on Arris Group has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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ARRIS International Plc engages in entertainment, communications, and networking technology. It combines hardware, software and services across the cloud, network, and home to power television and Internet. The company operates through the following segments: Customer Premises Equipment; Network and Cloud; Enterprise Networks; and Others.
