A Director at Cott Corp (COT) is Buying Shares
Yesterday, a Director at Cott Corp (COT), Eric Rosenfeld, bought shares of COT for $990.4K.
Following this transaction Eric Rosenfeld’s holding in the company was increased by 14.8% to a total of $7.46 million. This is Rosenfeld’s first transaction since reporting a Buy transaction on HRMNU back in June 2017
See today’s analyst top recommended stocks >>
Based on Cott Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $604 million and quarterly net profit of $4.4 million. In comparison, last year the company earned revenue of $604 million and had a net profit of $13.2 million. The company has a one-year high of $16.37 and a one-year low of $11.72.
Starting in November 2018, COT received 14 Buy ratings in a row. Four different firms, including Citigroup and Goldman Sachs, currently also have a Buy rating on the stock.
Eric Rosenfeld’s trades have generated a -3.6% 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cott Corp. engages in the manufacture, process, and distribution of beverages. It operates through the following business segments: Route Based Services; Coffee, Tea, and Extract Solutions; and All Other. The Route Based Services segment includes Aquaterra and Eden businesses. The Coffee, Tea, and Extract Solutions segment relates to the S&D business.