Arcosa Group President Trades $973K In Company Stock
From Nasdaq: 2024-05-17 11:02:08
Group President at Arcosa, Kerry Cole, sold 10,978 shares worth $973,833, according to an SEC filing. Arcosa shares edged down by 0.26% trading at $86.59. Revenue growth for Arcosa was 8.99% in the last three months, with a gross margin of 18.64%. The P/E ratio is 29.73 and P/S ratio is 1.79. Arcosa’s debt-to-equity ratio is 0.26, indicating sound financial structure.
Insider transactions play a role in investment decisions. New purchases by insiders can signal confidence in stock, while sells may not indicate bearishness. Transaction codes in Form 4 filings reveal purchases (P), sales (S), option conversions (C), and grants (A). Investors often analyze insider trades in the open market to gauge sentiment.
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