The SVP, Manufacturer Services of Owens & Minor (OMI) is Selling Shares


Today, the SVP, Manufacturer Services of Owens & Minor (NYSE: OMI), Geoff Taylor Marlatt, sold shares of OMI for $185.6K.

In addition to Geoff Taylor Marlatt, 3 other OMI executives reported Sell trades in the last month. Following Geoff Taylor Marlatt’s last OMI Sell transaction on August 17, 2018, the stock climbed by 0.7%.

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Based on Owens & Minor’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.46 billion and GAAP net loss of $183 million. In comparison, last year the company earned revenue of $2.27 billion and had a net profit of $19.91 million. Currently, Owens & Minor has an average volume of 630.5K.

Seven different firms, including Barclays and Merrill Lynch, currently also have a Sell rating on the stock.

The insider sentiment on Owens & Minor has been negative according to 45 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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Owens & Minor, Inc. engages in provision of services to the manufacturers of healthcare products, supplies, and devices. It operates through the following segments: Domestic, International, and Proprietary. The Domestic segment consists of U.S. distribution, logistics, and value-added services business.

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