Today, the VP BD of Crane Company (CR), Kristian Robert Salovaara, sold shares of CR for $279.2K.
Following Kristian Robert Salovaara’s last CR Sell transaction on November 02, 2018, the stock climbed by 2.0%. In addition to Kristian Robert Salovaara, one other CR executive reported Sell trades in the last month.
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Based on Crane Company’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $856 million and quarterly net profit of $97 million. In comparison, last year the company earned revenue of $696 million and had a net profit of $68.2 million. CR’s market cap is $5.56B and the company has a P/E ratio of 26.14. Currently, Crane Company has an average volume of 227.8K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $110.33, reflecting a 17.3% upside.
In the last 30 days, insiders have sold $1.48M worth of CR shares and purchased $36.25K worth of CR shares. The insider sentiment on Crane Company has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
