Yesterday it was reported that the Sr.VP& Chief Operating Officer of Service Corp International (SCI), Sumner Waring, exercised options to sell 86,200 SCI shares at $23.00 a share, for a total transaction value of $4.14M.
Following Sumner Waring’s last SCI Sell transaction on February 26, 2019, the stock climbed by 4.8%. In addition to Sumner Waring, 4 other SCI executives reported Sell trades in the last month.
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Based on Service Corp International’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $813 million and quarterly net profit of $72.33 million. In comparison, last year the company earned revenue of $796 million and had a net profit of $103 million. The company has a one-year high of $48.70 and a one-year low of $37.52. SCI’s market cap is $8.61B and the company has a P/E ratio of 21.20.
In the last 30 days, insiders have sold $11.24M worth of SCI shares and purchased $2.29M worth of SCI shares. The insider sentiment on Service Corp International has been neutral according to 62 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Sumner Waring’s trades have generated a -21.3% 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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Service Corp. International engages in the provision of deathcare products and services. It operates through the Funeral and Cemetery business segments.
