Today, the VP & GC of Kirby (NYSE: KEX), Amy Husted, sold shares of KEX for $201.7K.
Following Amy Husted’s last KEX Sell transaction on January 08, 2018, the stock climbed by 21.9%. In addition to Amy Husted, 11 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 $5.52B and the company has a P/E ratio of 17.10. Currently, Kirby has an average volume of 112.7K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $101.00, reflecting a -8.8% downside.
In the last 30 days, insiders have sold $17.29M worth of KEX shares and purchased $10.56M worth of KEX shares. The insider sentiment on Kirby has been negative according to 65 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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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.
