Today, the SVP HR of Martin Marietta Materials (NYSE: MLM), Donald Mccunniff, sold shares of MLM for $459.7K.
In addition to Donald Mccunniff, 2 other MLM executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Martin Marietta Materials’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.2 billion and quarterly net profit of $185 million. In comparison, last year the company earned revenue of $1.06 billion and had a net profit of $142 million. MLM’s market cap is $12.81B and the company has a P/E ratio of 17.81. Currently, Martin Marietta Materials has an average volume of 66.78K.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $250.71, reflecting a 23.0% upside.
In the last 30 days, insiders have sold $459.7K worth of MLM shares and purchased $1.21M worth of MLM shares. The insider sentiment on Martin Marietta Materials has been positive according to 82 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Donald Mccunniff’s trades have generated a 9.0% 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographic segments: Mid-America Group, Southeast Group, and West Group. The Mid-America Group and Southeast Group segments provide aggregates products only.
