Core-Mark Holding Co. Insider Sells $135,404 in Stock (CORE)
Core-Mark Holding Co. (NASDAQ:CORE) Insider Eric Rolheiser unloaded 1,486 shares of Core-Mark Holding Co. stock on the open market in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $91.12, for a total value of $135,404.32. Following the transaction, the insider now directly owns 609 shares of the company’s stock, valued at approximately $55,492. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at BB&T Corp. raised their price target on shares of Core-Mark Holding Co. to $86.00 in a research note on Friday, May 9th.
Core-Mark Holding Co. (NASDAQ:CORE) traded up 0.65% during mid-day trading on Monday, hitting $92.27. The stock had a trading volume of 86,367 shares. Core-Mark Holding Co. has a 52 week low of $61.32 and a 52 week high of $92.53. The stock’s 50-day moving average is $83.52 and its 200-day moving average is $77.66. The company has a market cap of $1.063 billion and a price-to-earnings ratio of 25.75. Core-Mark Holding Co.’s stock is set to split before the market opens on Friday, June 27th. The 2-1 split was announced on Wednesday, May 21st. The newly created shares will be distributed to shareholders after the closing bell on Thursday, June 26th.
Core-Mark Holding Co. (NASDAQ:CORE) last announced its earnings results on Thursday, May 8th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.39 by $0.04. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts expect that Core-Mark Holding Co. will post $4.31 EPS for the current fiscal year.
Core-Mark Holding Company, Inc (NASDAQ:CORE) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.
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