A Director at Primo Water Corp (PRMW) is Buying Shares

Today, a Director at Primo Water Corp (PRMW), Susan Cates, bought shares of PRMW for $61.15K.

This recent transaction increases Susan Cates’ holding in the company by 20.86% to a total of $345.6K. In addition to Susan Cates, 5 other PRMW executives reported Buy trades in the last month.

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Based on Primo Water Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $79.26 million and quarterly net profit of $873K. In comparison, last year the company earned revenue of $75.8 million and had a net profit of $451K. The company has a one-year high of $20.62 and a one-year low of $10.70. Currently, Primo Water Corp has an average volume of 316.37K.

Starting in November 2018, PRMW received 25 Buy ratings in a row. Four different firms, including Barrington and BMO Capital, currently also have a Buy rating on the stock.

The insider sentiment on Primo Water Corp has been positive according to 40 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Primo Water Corp. is provider of multi-gallon purified bottled water, self-service refill water and water dispensers sold. It operates through the following segments: Refill, Exchange and Dispensers.

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