Today, the VP & Controller of Fortune Brands (FBHS), Danny Luburic, bought shares of FBHS for $349.6K.
This recent transaction increases Danny Luburic’s holding in the company by 121.58% to a total of $644K. Following Danny Luburic’s last FBHS Buy transaction on February 13, 2019, the stock climbed by 13.6%.
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Based on Fortune Brands’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.46 billion and quarterly net profit of $106 million. In comparison, last year the company earned revenue of $1.38 billion and had a net profit of $99.8 million. The company has a one-year high of $61.78 and a one-year low of $35.27. FBHS’s market cap is $8.44B and the company has a P/E ratio of 20.69.
Three different firms, including RBC Capital and Robert W. Baird, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $1.18M worth of FBHS shares and purchased $349.6K worth of FBHS shares. The insider sentiment on Fortune Brands has been negative according to 65 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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Fortune Brands Home & Security, Inc. manufactures and supplies home and security products and services. The company operates through the following segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities, for the kitchen, bath and other parts.
