Corelogic Inc (CLGX) Insider Barry M. Sando Sells 1,383 Shares
Corelogic Inc (NYSE:CLGX) insider Barry M. Sando sold 1,383 shares of the business’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $46.00, for a total transaction of $63,618.00. Following the sale, the insider now directly owns 174,154 shares of the company’s stock, valued at approximately $8,011,084. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Corelogic Inc (CLGX) traded up $0.80 on Friday, hitting $46.74. 348,371 shares of the company were exchanged, compared to its average volume of 510,980. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.27 and a current ratio of 1.27. Corelogic Inc has a 52 week low of $38.49 and a 52 week high of $49.30. The stock has a market cap of $3,808.66, a PE ratio of 23.37, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89.
Corelogic (NYSE:CLGX) last released its earnings results on Monday, February 26th. The business services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Corelogic had a net margin of 8.22% and a return on equity of 16.73%. The company had revenue of $454.16 million for the quarter, compared to analysts’ expectations of $450.54 million. During the same quarter in the previous year, the company earned $0.56 EPS. Corelogic’s revenue for the quarter was down 4.4% on a year-over-year basis. equities research analysts anticipate that Corelogic Inc will post 2.26 EPS for the current year.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Corelogic from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Barclays reissued a “buy” rating and set a $58.00 price objective on shares of Corelogic in a research report on Friday, January 5th. Deutsche Bank set a $33.00 price objective on shares of Corelogic and gave the company a “sell” rating in a research report on Tuesday, February 27th. Compass Point assumed coverage on shares of Corelogic in a research report on Wednesday, January 3rd. They set a “neutral” rating and a $49.00 price objective for the company. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $52.00 price objective on shares of Corelogic in a research report on Tuesday, February 27th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $47.78.
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Corelogic Company Profile
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.
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