A Director at Trimas Corp (NASDAQ: TRS) is Selling Shares

Today, a Director at Trimas Corp (TRSResearch Report), Eugene A. Miller, sold shares of TRS for $300K.

This is Miller’s first Sell trade following 3 Buy transactions. Following Eugene A. Miller’s last TRS Sell transaction on May 13, 2014, the stock climbed by 2.2%.

See today’s analyst top recommended stocks >>

Based on Trimas Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $221 million and quarterly net profit of $19.09 million. In comparison, last year the company earned revenue of $217 million and had a net profit of $24.32 million. TRS’s market cap is $1.37B and the company has a P/E ratio of 17.72. Currently, Trimas Corp has an average volume of 155.2K.

The insider sentiment on Trimas Corp has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace and Specialty Products.