What Did This CEO Just Do with Personal Shares of Century Communities (CCS)?


Today, the Co-CEO, President of Century Communities (CCS), Robert Francescon, sold shares of CCS for $2.61M.

Following Robert Francescon’s last CCS Sell transaction on September 09, 2016, the stock climbed by 6.8%.

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Based on Century Communities’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $533 million and quarterly net profit of $17.12 million. In comparison, last year the company earned revenue of $398 million and had a net profit of $19.97 million. CCS’s market cap is $795.5M and the company has a P/E ratio of 8.67. Currently, Century Communities has an average volume of 631.6K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $33.33, reflecting a 25.4% upside.

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Century Communities, Inc. engages in the development, design, construction, marketing and sale of single-family attached and detached homes. It operates through the following business segments: West, Mountain, Texas, Southeast, and Wade Jurney Homes. The West segment refers to Southern California, Central Valley, Bay Area and Washington.

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