Insider Selling: CoreLogic, Inc. (CLGX) General Counsel Sells 5,000 Shares of Stock
CoreLogic, Inc. (NYSE:CLGX) General Counsel Stergios Theologides sold 5,000 shares of CoreLogic stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $45.42, for a total transaction of $227,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Stergios Theologides also recently made the following trade(s):
- On Friday, July 14th, Stergios Theologides sold 5,000 shares of CoreLogic stock. The shares were sold at an average price of $44.00, for a total value of $220,000.00.
Shares of CoreLogic, Inc. (NYSE:CLGX) traded down 0.42% during trading on Friday, reaching $44.80. The company’s stock had a trading volume of 740,774 shares. The company has a 50-day moving average price of $44.40 and a 200-day moving average price of $41.72. CoreLogic, Inc. has a one year low of $34.59 and a one year high of $45.99. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 41.14 and a beta of 0.97.
CoreLogic (NYSE:CLGX) last posted its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The business had revenue of $473.98 million for the quarter, compared to the consensus estimate of $478.72 million. During the same quarter in the prior year, the company earned $0.65 EPS. The business’s revenue was down 5.2% compared to the same quarter last year. On average, equities research analysts forecast that CoreLogic, Inc. will post $2.33 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the stock. Karp Capital Management Corp bought a new stake in shares of CoreLogic during the first quarter worth $573,000. Vanguard Group Inc. increased its stake in shares of CoreLogic by 4.4% in the first quarter. Vanguard Group Inc. now owns 7,213,386 shares of the business services provider’s stock worth $293,729,000 after buying an additional 301,853 shares during the last quarter. Capstone Asset Management Co. increased its stake in shares of CoreLogic by 1.5% in the first quarter. Capstone Asset Management Co. now owns 11,552 shares of the business services provider’s stock worth $470,000 after buying an additional 170 shares during the last quarter. Oxford Asset Management increased its stake in shares of CoreLogic by 14.7% in the first quarter. Oxford Asset Management now owns 89,360 shares of the business services provider’s stock worth $3,639,000 after buying an additional 11,459 shares during the last quarter. Finally, YG Partners LLC bought a new stake in shares of CoreLogic during the first quarter worth $9,426,000. 89.85% of the stock is currently owned by institutional investors.
Several equities analysts have commented on CLGX shares. Zacks Investment Research lowered CoreLogic from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Barclays PLC raised their price objective on CoreLogic from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 9th. BidaskClub lowered CoreLogic from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Robert W. Baird raised their price objective on CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, June 13th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $46.00 price objective on shares of CoreLogic in a research report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $45.00.
CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.
Receive News & Ratings for CoreLogic Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreLogic Inc. and related companies with MarketBeat.com's FREE daily email newsletter.