The SVP of Comtech Telecommunications (CMTL) is Selling Shares


Today, the SVP of Comtech Telecommunications (NASDAQ: CMTL), John Branscum, sold shares of CMTL for $287.2K.

Following John Branscum’s last CMTL Sell transaction on September 28, 2017, the stock climbed by 14.5%. In addition to John Branscum, one other CMTL executive reported Sell trades in the last month.

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Based on Comtech Telecommunications’ latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $167 million and quarterly net profit of $7.46 million. In comparison, last year the company earned revenue of $148 million and had a net profit of $7.31 million. CMTL’s market cap is $759.9M and the company has a P/E ratio of 25.72. Currently, Comtech Telecommunications has an average volume of 118.1K.

In the last 30 days, insiders have sold $338.2K worth of CMTL shares and purchased $215.2K worth of CMTL shares. The insider sentiment on Comtech Telecommunications has been negative according to 47 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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Comtech Telecommunications Corp. engages in the design, development, production, and market of products, systems, and services for advanced communications solutions. It operates through the Commercial Solutions and Government Solutions segment.

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