Insider Selling: David V. Meghreblian Sells 1,425 Shares of Deltic Timber Corp. Stock (DEL)
Deltic Timber Corp. (NYSE:DEL) VP David V. Meghreblian unloaded 1,425 shares of the stock on the open market in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $67.27, for a total value of $95,859.75. Following the sale, the vice president now directly owns 18,248 shares of the company’s stock, valued at approximately $1,227,543. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Deltic Timber Corp. (NYSE:DEL) traded down 0.44% during mid-day trading on Tuesday, hitting $67.23. The stock had a trading volume of 45,311 shares. Deltic Timber Corp. has a 52-week low of $58.05 and a 52-week high of $69.74. The stock has a 50-day moving average of $62.74 and a 200-day moving average of $62.31. The company has a market cap of $845.7 million and a price-to-earnings ratio of 47.22.
Deltic Timber Corp. (NYSE:DEL) last issued its quarterly earnings data 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. Analysts expect that Deltic Timber Corp. will post $1.68 EPS 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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