The VP & Controller of Kirby (KEX) is Selling Shares

Today, the VP & Controller of Kirby (KEX), Ronald Dragg, sold shares of KEX for $46.8K.

In addition to Ronald Dragg, 2 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 December 31, the company posted quarterly revenue of $721 million and GAAP net loss of $24.44 million. In comparison, last year the company earned revenue of $708 million and had a net profit of $230 million. KEX’s market cap is $4.45B and the company has a P/E ratio of 56.70. Currently, Kirby has an average volume of 528.6K.

In the last 30 days, insiders have sold $652.6K worth of KEX shares and purchased $567.7K worth of KEX shares. The insider sentiment on Kirby has been negative according to 64 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Ronald Dragg’s trades have generated a -2.7% 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.