A Director at Martin Marietta Materials is Exercising Options

Today, a Director at Martin Marietta Materials, Sue Cole, exercised options of Martin Marietta Materials for $630.2K.

In addition to Sue Cole, one other MLM executive reported Sell trades in the last month.

Based on Martin Marietta Materials’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $971 million and quarterly net profit of $376 million. In comparison, last year the company earned revenue of $949 million and had a net profit of $98.31 million. The company has a one-year high of $244.32 and a one-year low of $191.09. MLM’s market cap is $13.15B and the company has a P/E ratio of 18.63.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $247.67, reflecting a -14.7% downside.

The insider sentiment on Martin Marietta Materials has been negative according to 80 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sue Cole’s trades have generated a -17.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Martin Marietta Materials, Inc. engages in the provision of aggregates products such as crushed stone, sand, and gravel for the use of the construction of infrastructure, nonresidential and residential projects, railroad ballast, agricultural, utility, and environmental applications. Its products include ready mixed concrete, asphalt, cement, cement treated materials, magnesia chemicals, and lime. The company was founded in November 1993 and is headquartered in Raleigh, NC.

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