.jpg "Core-Mark Holding Company (NASDAQ: CORE)")
Today, the SVP US Distribution of Core-Mark Holding Company (NASDAQ: CORE), Christopher Hobson, bought shares of CORE for $47K.
In addition to Christopher Hobson, 5 other CORE executives reported Buy trades in the last month. Following this transaction Christopher Hobson’s holding in the company was increased by 4.26% to a total of $1.13 million.
See today’s analyst top recommended stocks >>
Based on Core-Mark Holding Company’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.81 billion and GAAP net loss of $1.3 million. In comparison, last year the company earned revenue of $3.5 billion and had a net profit of $2.1 million. CORE’s market cap is $853.4M and the company has a P/E ratio of 28.65. Currently, Core-Mark Holding Company has an average volume of 211.4K.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $24.50, reflecting a -25.0% downside. Five different firms, including Jefferies and Raymond James, currently also have a Buy rating on the stock.
The insider sentiment on Core-Mark Holding Company has been positive according to 41 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Christopher Hobson’s trades have generated a -6.5% 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.
Core-Mark Holding Co., Inc. engages in distribution and marketing of consumer goods. It offers products, marketing programs, and technology solutions. It operates through the following geographical segments: United States, Canada, and Corporate.
