Today it was reported that the VP & Controller of Boise Cascade (NYSE: BCC), Kelly Hibbs, exercised options to sell 4,114 BCC shares at $27.19 a share, for a total transaction value of $182.3K.
Following Kelly Hibbs’ last BCC Sell transaction on July 31, 2017, the stock climbed by 13.2%. In addition to Kelly Hibbs, 2 other BCC executives reported Sell trades in the last month.
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Based on Boise Cascade’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.41 billion and quarterly net profit of $41.83 million. In comparison, last year the company earned revenue of $1.14 billion and had a net profit of $22.15 million. BCC’s market cap is $1.7B and the company has a P/E ratio of 13.21. Currently, Boise Cascade has an average volume of 520.7K.
The insider sentiment on Boise Cascade has been negative according to 31 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Kelly Hibbs’ trades have generated a 18.2% 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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Boise Cascade Co. manufactures and distributes vertically-integrated wood products and building materials. It operates through the following segments: Wood Products, and Building Materials Distribution. The Wood Products segment manufactures and sells engineered wood products, plywood, particleboard, studs and ponderosa pine lumber.
