Yesterday it was reported that the SVP- Finance, CFO, & Treasurer of Lifetime Brands (LCUT – Research Report), Laurence Winoker, exercised options to sell 2,535 LCUT shares at $10.79 a share, for a total transaction value of $42.45K. The options were close to expired and Laurence Winoker disposed stocks.
Following Laurence Winoker’s last LCUT Sell transaction on September 06, 2018, the stock climbed by 5.8%.
Based on Lifetime Brands’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $196 million and quarterly net profit of $3.07 million. In comparison, last year the company earned revenue of $145 million and had a GAAP net loss of $28.16 million. The company has a one-year high of $17.48 and a one-year low of $5.69. Currently, Lifetime Brands has an average volume of 52.63K.
The insider sentiment on Lifetime Brands has been negative according to 34 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Laurence Winoker’s trades have generated a -22.5% 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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Lifetime Brands, Inc. engages in the provision kitchenware and tableware products. It operates through the following segments: U.S. Wholesale, International, and Retail Direct. The U.S. Wholesale segment refers to the domestic operations of the firm that designs, markets, and distributes products to retailers and distributors. The International segment includes business operations conducted outside the U.S. The Retail Direct segment markets and sells limited selection of products through Pfaltzgraff, Mikasa, Built NY, Fred & Friends, and Lifetime Sterling internet websites. The company was founded in 1945 and is headquartered in Garden City, NY.