Insider Selling: David C. Nocifora Unloads 54,426 Shares of CTPartners Executive Search Stock (CTP)
CTPartners Executive Search (NYSE:CTP) COO David C. Nocifora sold 54,426 shares of CTPartners Executive Search stock on the open market in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $17.12, for a total value of $931,773.12. Following the transaction, the chief operating officer now directly owns 72,279 shares in the company, valued at approximately $1,237,416. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of CTPartners Executive Search (NYSE:CTP) traded down 2.39% during mid-day trading on Wednesday, hitting $17.56. The stock had a trading volume of 236,624 shares. CTPartners Executive Search has a 52 week low of $4.49 and a 52 week high of $18.95. The stock has a 50-day moving average of $13.72 and a 200-day moving average of $10.. The company has a market cap of $127.3 million and a P/E ratio of 32.65.
CTPartners Executive Search (NYSE:CTP) last announced its earnings results on Wednesday, July 30th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters 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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