Today it was reported that the SVP of Castle Brands (ROX), Thomas Spillane, exercised options to buy 35,000 ROX shares at $0.35 a share, for a total transaction value of $12.25K. The options were close to expired and Thomas Spillane retained stocks.
Following this transaction Thomas Spillane’s holding in the company was increased by 7.6% to a total of $253.2K. In addition to Thomas Spillane, one other ROX executive reported Buy trades in the last month.
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Based on Castle Brands’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $26.89 million and quarterly net profit of $8.75 million. In comparison, last year the company earned revenue of $24.07 million and had a GAAP net loss of $336.4K. ROX’s market cap is $86.45M and the company has a P/E ratio of 15.88. Currently, Castle Brands has an average volume of 219.9K.
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Castle Brands, Inc. engages in the development, marketing, and sale of premium and super premium brands of beverage alcohol. Its product categories include rum, whiskeys, liqueurs, vodka, and ginger beer. The company was founded by Mark Edwin Andrews III in 1998 and is headquartered in New York, NY.