Deltic Timber Corp. VP David V. Meghreblian Unloads 1,230 Shares (DEL)
Deltic Timber Corp. (NYSE:DEL) VP David V. Meghreblian unloaded 1,230 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $65.04, for a total transaction of $79,999.20. Following the completion of the transaction, the vice president now directly owns 19,673 shares of the company’s stock, valued at approximately $1,279,532. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Deltic Timber Corp. (NYSE:DEL) traded down 1.25% during mid-day trading on Wednesday, hitting $64.74. 27,616 shares of the company’s stock traded hands. Deltic Timber Corp. has a 52-week low of $58.05 and a 52-week high of $69.68. The stock’s 50-day moving average is $60.94 and its 200-day moving average is $62.02. The company has a market cap of $814.4 million and a P/E ratio of 45.85.
Deltic Timber Corp. (NYSE:DEL) last announced its earnings results on Wednesday, July 23rd. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.36. The company had revenue of $58.61 million for the quarter, compared to the consensus estimate of $53.25 million. On average, analysts predict that Deltic Timber Corp. will post $1.68 earnings per share for the current fiscal year.
Deltic Timber Corporation (NYSE:DEL) is a natural resources company engaged primarily in the growing and harvesting of timber and the manufacture and marketing of lumber.
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