Insider Selling: CTPartners Executive Search COO David C. Nocifora Sells 5,280 Shares of Stock (CTP)
CTPartners Executive Search (NYSE:CTP) COO David C. Nocifora sold 5,280 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $15.90, for a total value of $83,952.00. Following the sale, the chief operating officer now directly owns 156,999 shares of the company’s stock, valued at approximately $2,496,284. The transaction was disclosed in a document filed with the SEC, which is available at this link.
CTPartners Executive Search (NYSE:CTP) traded up 0.40% during mid-day trading on Wednesday, hitting $15.944. The stock had a trading volume of 45,250 shares. CTPartners Executive Search has a 52-week low of $4.30 and a 52-week high of $16.10. The stock has a 50-day moving average of $12.87 and a 200-day moving average of $10.0. The company has a market cap of $115.5 million and a price-to-earnings ratio of 28.82.
CTPartners Executive Search (NYSE:CTP) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.05. The company had revenue of $45.10 million for the quarter, compared to the consensus estimate of $43.21 million. On average, analysts predict that CTPartners Executive Search will post $0.89 earnings per share for the current fiscal year.
A number of research firms have recently commented on CTP. Analysts at B. Riley reiterated a “buy” rating on shares of CTPartners Executive Search in a research note on Friday, August 1st. They now have a $17.50 price target on the stock, up previously from $15.00.
CTPartners Executive Search Inc (NYSE:CTP), is a provider of retained executive search services to clients on a global basis.
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