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Core-Mark Holding Co. (NASDAQ:CORE) Director J Michael Walsh sold 4,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $48.46, for a total value of $193,840.00. Following the transaction, the director now directly owns 53,868 shares in the company, valued at approximately $2,610,443. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Core-Mark Holding Co. in a research note on Friday, August 8th. They now have a $51.00 price target on the stock, up previously from $42.50.

Shares of Core-Mark Holding Co. (NASDAQ:CORE) traded down 0.10% during mid-day trading on Friday, hitting $48.16. 69,562 shares of the company’s stock traded hands. Core-Mark Holding Co. has a one year low of $31.725 and a one year high of $50.55. The stock has a 50-day moving average of $47.49 and a 200-day moving average of $42.02. The company has a market cap of $1.112 billion and a price-to-earnings ratio of 26.93.

Core-Mark Holding Co. (NASDAQ:CORE) last announced its earnings results on Thursday, August 7th. The company reported $0.52 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.64 by $0.12. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the company posted $1.20 earnings per share. Core-Mark Holding Co.’s revenue was up 4.5% compared to the same quarter last year. Analysts expect that Core-Mark Holding Co. will post $2.19 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, August 20th.

Core-Mark Holding Company, Inc (NASDAQ:CORE) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.

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