The Title: EVP, Chief Legal Officer & Secretary of Summit Materials (SUM) is Selling Shares

Yesterday, the Title: EVP, Chief Legal Officer & Secretary of Summit Materials (SUM), Anne Lee Benedict, sold shares of SUM for $69.86K.

In addition to Anne Lee Benedict, 3 other SUM executives reported Sell trades in the last month. Following Anne Lee Benedict’s last SUM Sell transaction on November 05, 2019, the stock climbed by 0.7%.

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Based on Summit Materials’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $732 million and quarterly net profit of $55.76 million. In comparison, last year the company earned revenue of $695 million and had a net profit of $71.29 million. The company has a one-year high of $24.42 and a one-year low of $11.25. SUM’s market cap is $2.66B and the company has a P/E ratio of 1149.03.

The insider sentiment on Summit Materials has been negative according to 28 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Anne Lee Benedict’s trades have generated a -2.2% 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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Summit Materials, Inc. is a construction materials company. The company operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana.

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