Today it was reported that the SVP of Crane Company (NYSE: CR), Bradley Ellis, exercised options to sell 11,763 CR shares at $48.59 a share, for a total transaction value of $1.06M.
Following Bradley Ellis’ last CR Sell transaction on January 27, 2015, the stock climbed by 34.9%. In addition to Bradley Ellis, 4 other CR executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Crane Company’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $851 million and quarterly net profit of $80.7 million. In comparison, last year the company earned revenue of $703 million and had a net profit of $69.2 million. CR’s market cap is $5.39B and the company has a P/E ratio of 28.96. Currently, Crane Company has an average volume of 155.9K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $105.33, reflecting a -14.8% downside.
The insider sentiment on Crane Company has been negative according to 71 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Bradley Ellis’ trades have generated a -21.9% 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.
Crane Co. engages in the manufacture of engineered industrial products. It operates through the following business segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials.
