Today it was reported that the VP, Irrig. & Lighting Business of Toro Company (NYSE: TTC), Philip Burkart, exercised options to sell 17,000 TTC shares at $10.18 a share, for a total transaction value of $1.04M.
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Based on Toro Company’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $656 million and quarterly net profit of $79.01 million. In comparison, last year the company earned revenue of $628 million and had a net profit of $68.4 million. TTC’s market cap is $6.43B and the company has a P/E ratio of 24.78. Currently, Toro Company has an average volume of 534.2K.
The insider sentiment on Toro Company has been negative according to 63 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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The Toro Co. engages in the provision of solutions for the outdoor environment. It operates through the following segments: Professional, Residential, and Distribution. The Professional segment consists of turf and landscape equipment and irrigation products.
