Core-Mark Holding Co. VP Christopher L. Walsh Sells 5,000 Shares (CORE)
Core-Mark Holding Co. (NASDAQ:CORE) VP Christopher L. Walsh unloaded 5,000 shares of the stock in a transaction dated Thursday, June 19th. The stock was sold at an average price of $91.11, for a total transaction of $455,550.00. Following the completion of the transaction, the vice president now directly owns 50,744 shares of the company’s stock, valued at approximately $4,623,286. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Core-Mark Holding Co. (NASDAQ:CORE) traded up 0.65% during mid-day trading on Monday, hitting $92.27. 86,367 shares of the company’s stock traded hands. Core-Mark Holding Co. has a one year low of $61.32 and a one year 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. Shares of Core-Mark Holding Co. are set to split on the morning of 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 issued its quarterly earnings data 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.
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 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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