What Did This CEO Just Do with Personal Shares of Steris Corp (STE)?


Today, the President & CEO of Steris Corp (NYSE: STE), Walter Rosebrough, sold shares of STE for $1.8M.

Following Walter Rosebrough’s last STE Sell transaction on June 03, 2013, the stock climbed by 62.6%. In addition to Walter Rosebrough, 7 other STE executives reported Sell trades in the last month.

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Based on Steris Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $716 million and quarterly net profit of $73.6 million. In comparison, last year the company earned revenue of $681 million and had a net profit of $26.14 million. STE’s market cap is $8.88B and the company has a P/E ratio of 30.76. Currently, Steris Corp has an average volume of 356.7K.

In the last 30 days, insiders have sold $2.98M worth of STE shares and purchased $288.9K worth of STE shares. The insider sentiment on Steris Corp has been neutral according to 35 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Walter Rosebrough’s trades have generated a -27.8% 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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STERIS Plc engages in the provision of infection prevention and other procedural products and services. It operates through the following segments: Healthcare Products, Healthcare Specialty Services, Life Sciences, and Applied Sterilization Technologies.

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