Yesterday it was reported that the EVP, Global Human Resources of Scotts Miracle-Gro Company (SMG), Denise Stump, exercised options to sell 17,992 SMG shares at $39.58 a share, for a total transaction value of $1.98M.
Following Denise Stump’s last SMG Sell transaction on August 29, 2016, the stock climbed by 32.1%. In addition to Denise Stump, 8 other SMG executives reported Sell trades in the last month.
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Based on Scotts Miracle-Gro Company’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.17 billion and quarterly net profit of $202 million. In comparison, last year the company earned revenue of $995 million and had a net profit of $82.1 million. SMG’s market cap is $6.02B and the company has a P/E ratio of 16.63. Currently, Scotts Miracle-Gro Company has an average volume of 1.01M.
The insider sentiment on Scotts Miracle-Gro Company has been negative according to 103 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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Scotts Miracle-Gro Co. engages in the manufacture, marketing, and distribution of systems and accessories for hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden business.
