The Treasurer of Kirby (KEX) is Selling Shares


Today, the Treasurer of Kirby (NYSE: KEX), Renato Castro, sold shares of KEX for $88.94K.

Following Renato Castro’s last KEX Sell transaction on February 23, 2017, the stock climbed by 20.2%. In addition to Renato Castro, 5 other KEX executives reported Sell trades in the last month.

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Based on Kirby’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $742 million and quarterly net profit of $32.32 million. In comparison, last year the company earned revenue of $492 million and had a net profit of $27.29 million. KEX’s market cap is $5.38B and the company has a P/E ratio of 16.67. Currently, Kirby has an average volume of 162.7K.

In the last 30 days, insiders have sold $13.83M worth of KEX shares and purchased $10.01M worth of KEX shares. The insider sentiment on Kirby has been negative according to 58 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Renato Castro’s trades have generated a -6.8% 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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Kirby Corp. engages in the provision of diesel engines, reduction gears and ancillary products for marine and power generation applications. It operates through the Marine Transportation and Diesel Engine Services segments.

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