Today, the CFO of Primo Water Corp (PRMW), David J. Mills, bought shares of PRMW for $11.5K.
This is Mills’ first transaction since reporting a Buy transaction on PIKE back in August 2005 In addition to David J. Mills, 2 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. Currently, Primo Water Corp has an average volume of 966.8K.
Starting in November 2018, PRMW received 24 Buy ratings in a row. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.25, reflecting a 52.1% upside. Four different firms, including Barrington and BMO Capital, currently also have a Buy rating on the stock.
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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.
