The Chief Admin Ofcr, GC&Corp Sec of Hanesbrands (HBI) is Buying Shares
Yesterday, the Chief Admin Ofcr, GC&Corp Sec of Hanesbrands (HBI), Joia Johnson, bought shares of HBI for $99.12K.
This is Johnson’s first Buy trade following 5 Sell transactions. This recent transaction increases Joia Johnson’s holding in the company by 1.41% to a total of $7.11 million.
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Based on Hanesbrands’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.76 billion and quarterly net profit of $154 million. In comparison, last year the company earned revenue of $1.72 billion and had a net profit of $141 million. The company has a one-year high of $19.38 and a one-year low of $11.57. HBI’s market cap is $5.04B and the company has a P/E ratio of 8.64.
The insider sentiment on Hanesbrands has been positive according to 70 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Joia Johnson’s trades have generated a 39.0% 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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Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear and International.