Insider Selling: Core-Mark Holding Co. Director Unloads 1,284 Shares of Stock (CORE)
Core-Mark Holding Co. (NASDAQ:CORE) Director Harvey L. Tepner unloaded 1,284 shares of Core-Mark Holding Co. stock on the open market in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of $91.10, for a total transaction of $116,972.40. Following the completion of the transaction, the director now directly owns 9,381 shares of the company’s stock, valued at approximately $854,609. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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. 86,367 shares of the company’s stock traded hands. Core-Mark Holding Co. has a 52 week low of $61.32 and a 52 week high of $92.53. The stock has a 50-day moving average of $83.52 and a 200-day moving average of $77.66. The company has a market cap of $1.063 billion and a P/E ratio of 25.75. Shares of Core-Mark Holding Co. are 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 issued 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 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter 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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