Insider Selling: LKQ Corp CFO Sells 12,866 Shares of Stock (LKQ)
LKQ Corp (NYSE:LKQ) CFO John S. Quinn sold 12,866 shares of LKQ Corp stock on the open market in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $26.72, for a total transaction of $343,779.52. Following the sale, the chief financial officer now directly owns 244,694 shares of the company’s stock, valued at approximately $6,538,224. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Raymond James reiterated an “outperform” rating on shares of LKQ Corp in a research note on Wednesday, April 30th. They now have a $33.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.10.
LKQ Corp (NYSE:LKQ) traded down 1.39% during mid-day trading on Wednesday, hitting $26.25. 2,157,897 shares of the company’s stock traded hands. LKQ Corp has a 52 week low of $24.46 and a 52 week high of $34.32. The stock has a 50-day moving average of $26.96 and a 200-day moving average of $27.78. The company has a market cap of $7.924 billion and a price-to-earnings ratio of 24.65.
LKQ Corp (NYSE:LKQ) last released its earnings data on Tuesday, April 29th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the company posted $0.29 earnings per share. LKQ Corp’s revenue was up 35.9% compared to the same quarter last year. Analysts expect that LKQ Corp will post $1.37 EPS for the current fiscal year.
LKQ Corporation (NYSE:LKQ) provides replacement parts, components and systems needed to repair vehicles (cars and trucks).
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