Today, the SVP of Tiffany & Co (NYSE: TIF), Andrew Hart, bought shares of TIF for $128.1K.
Following Andrew Hart’s last TIF Buy transaction on March 26, 2018, the stock climbed by 29.6%. This recent transaction increases Andrew Hart’s holding in the company by 10% to a total of $1.4 million.
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Based on Tiffany & Co’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $1.08 billion and quarterly net profit of $145 million. In comparison, last year the company earned revenue of $960 million and had a net profit of $115 million. TIF’s market cap is $15.5B and the company has a P/E ratio of 35.07. Currently, Tiffany & Co has an average volume of 1.12M.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $146.30, reflecting a 16.5% upside. Seven different firms, including Credit Suisse and Goldman Sachs, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $1.17M worth of TIF shares and purchased $6.94M worth of TIF shares. The insider sentiment on Tiffany & Co has been negative according to 78 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Andrew Hart’s trades have generated a -11.2% 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.
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Tiffany & Co. is a holding company, which through its subsidiaries, engages in manufacture and sale of jewelry merchandise. The firm also sells timepieces, leather goods, sterling silver goods, china, crystal, stationery, fragrances, and accessories. It operates through the following geographical segments: Americas, Asia-Pacific, Japan, Europe, and Other.
