The EVP of Fidelity National Financial is Exercising Options


Today it was reported that the EVP of Fidelity National Financial (FNF), Michael Gravelle, exercised options to sell 30,508 FNF shares at $17.76 a share, for a total transaction value of $1.32M.

In addition to Michael Gravelle, 4 other FNF executives reported Sell trades in the last month.

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Based on Fidelity National Financial’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.15 billion and quarterly net profit of $266 million. In comparison, last year the company earned revenue of $2.13 billion and had a net profit of $251 million. The company has a one-year high of $45.40 and a one-year low of $29.50. FNF’s market cap is $11.88B and the company has a P/E ratio of 15.96.

In the last 30 days, insiders have sold $10.08M worth of FNF shares and purchased $4.22M worth of FNF shares. The insider sentiment on Fidelity National Financial has been negative according to 54 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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Fidelity National Financial, Inc. is engaged in the provision of title insurance and transaction services tro real estate and mortgage industries. Its services include title insurance, escrow and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances and home warranty products; and technology and transaction services to the real estate and mortgage industries. The company operates through two segments Title and Corporate & Other. The Title segment consists of the operations of title insurance underwriters and related businesses. The Corporate & Other segment involves in real estate brokerage businesses. Fidelity National Financial was founded in 1847 and is headquartered in Jacksonville, FL.

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