The Executive Vice-President of Morneau Shepell is Exercising Options

Today it was reported that the Executive Vice-President of Morneau Shepell (MSIXFResearch Report), Scott Milligan, exercised options to sell 50,000 MSIXF shares for a total transaction value of $1.8M.

In addition to Scott Milligan, 2 other MSIXF executives reported Sell trades in the last month.

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Based on Morneau Shepell’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $258 million and GAAP net loss of -$40,807,000. In comparison, last year the company earned revenue of $246 million and had a net profit of $8.26 million. The company has a one-year high of $28.16 and a one-year low of $20.88. MSIXF’s market cap is $1.93 billion and the company has a P/E ratio of -121.90.

In the last 30 days, insiders have sold $2.47M worth of MSIXF shares and purchased $360.3K worth of MSIXF shares. The insider sentiment on Morneau Shepell has been neutral according to 14 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Morneau Shepell, Inc. engages in the provision of human resource consulting and technology services. Its solutions includes employee assistance program; health and wellness; benefits and pension outsourcing; absence management solutions; and health plan solutions. The company was founded by William Frank Morneau Sr in 1966 and is headquartered in Toronto, Canada.