The CFO & Senior Managing Director of Blackrock (BLK) is Selling Shares

Yesterday, the CFO & Senior Managing Director of Blackrock (BLK), Gary Shedlin, sold shares of BLK for $1.95M.

Following Gary Shedlin’s last BLK Sell transaction on April 18, 2019, the stock climbed by 27.1%. In addition to Gary Shedlin, 2 other BLK executives reported Sell trades in the last month.

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Based on Blackrock’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.69 billion and quarterly net profit of $1.12 billion. In comparison, last year the company earned revenue of $3.63 billion and had a net profit of $1.22 billion. The company has a one-year high of $495.39 and a one-year low of $360.79. Currently, Blackrock has an average volume of 568.58K.

The insider sentiment on Blackrock has been negative according to 122 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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BlackRock, Inc. engages in providing investment management, risk management, and advisory services for institutional and retail clients worldwide. Its products include single and multi-asset class portfolios investing in equities, fixed income, alternatives, and money market instruments.

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