Today, the Vice Chairman of Board & COO of Lifetime Brands (NASDAQ: LCUT), Ronald Shiftan, sold shares of LCUT for $12.15K.
In addition to Ronald Shiftan, one other LCUT executive reported Sell trades in the last month.
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Based on Lifetime Brands’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $149 million and GAAP net loss of $6.06 million. In comparison, last year the company earned revenue of $117 million and had a GAAP net loss of $2.1 million. Currently, Lifetime Brands has an average volume of 24.83K.
The insider sentiment on Lifetime Brands has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Ronald Shiftan’s trades have generated a -4.0% 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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Lifetime Brands, Inc. engages in the design, sourcing, and sale of branded kitchenware, and tableware used in the home. It operates through the following segments: U.S. Wholesale, International, and Retail Direct.
