What Did This CEO Just Do with Personal Shares of Landstar System Inc (LSTR)?


Today, the President & CEO of Landstar System Inc (LSTR), James Gattoni, sold shares of LSTR for $2.16M.

Following James Gattoni’s last LSTR Sell transaction on August 08, 2013, the stock climbed by 61.1%. In addition to James Gattoni, one other LSTR executive reported Sell trades in the last month.

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Based on Landstar System Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.18 billion and quarterly net profit of $68.34 million. In comparison, last year the company earned revenue of $1.05 billion and had a net profit of $64.75 million. LSTR’s market cap is $4.48B and the company has a P/E ratio of 18.06. Currently, Landstar System Inc has an average volume of 285.8K.

Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $103.50, reflecting a -7.2% downside.

The insider sentiment on Landstar System Inc has been negative according to 23 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

James Gattoni’s trades have generated a -12.1% 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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Landstar System, Inc.engages in the provision of transportation management solutions. It operates through the Transportation Logistics and Insurance segments.

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