Insider Trading Roundup: Truett-Hurst Inc (NASDAQ:THST)

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Truett-Hurst Inc (NASDAQ:THST) insider have most recently took part in a trading activity. On Jun 29, 2016 Forgue Paul, CFO & COO bought 21,875 shares having total worth of $32,813 at the price of $1.5 per share, following the transaction a total of 61,905 shares owned by Forgue Paul. Before this latest buy, Forgue Paul purchased THST at 4 other times during the past twelve months, for a total investment of $4,786 at an average of $0.94 per share.

Furthermore, over the past 12 months , the stock was traded 17 times by insiders. In 7 of these trades, the insider was a seller while an employee of the company was the buyer in 10 instances.

Shares of Truett-Hurst Inc (NASDAQ:THST) traded down 1.29% on Jun 29, 2016, hitting $1.53. 1,300 shares of the company’s stock traded hands. Truett-Hurst Inc has a 52 week low of $0.8 and a 52 week high of $3.98. The company’s market cap is $7 million.

Truett-Hurst Inc (NASDAQ:THST) last announced its earnings results on May 10, 2016. The company reported -0.02 earnings per share (EPS) for the quarter. The company had revenue of $5 million for the quarter, compared to the consensus estimate of $5 million. During the same quarter in the previous year, the company posted -0.07 earnings per share. The company’s revenue for the quarter was down 20% on a year-over-year basis.

2016-05-10 2016-02-09 2015-11-10 2015-09-24 2015-05-13 2015-02-13 2014-11-10 2014-09-26 2014-05-06 2014-02-06
earnings per share -0.02 0.03 -0.01 -0.01 -0.07 -0.13 -0.03 -0.06 -0.06 0.01
Revenue(M) 4.91 8.51 6.82 7.43 6.15 6.56 6.5 5.52 5.16 6

Truett-Hurst Inc is a holding company, incorporated as a Delaware corporation on December 10, 2012. The Company is a Super-premium and Ultra-premium wine sales, marketing and production company. The Company works closely with its retail partners to develop tailored brands to be sold to the discovery-oriented wine consumers. Its business is a combination of direct to consumer sales, traditional brand sales and custom label partnerships with retailers such as Trader Joe’s and Safeway. In addition the Company focus on its custom label business model also has business operations in the direct to consumer and traditional three-tier distribution channels. Its direct to consumer channel consists of sales through it tasting rooms and wine clubs, which serve as tool for increasing brand visibility and loyalty. Its traditional three-tier distribution business consists of sales of its wine under four fully-owned labels, Truett-Hurst, VML, Healdsburg Ranches and Bradford Mountain through a variety of distributor channels. The Company competes in several Super-premium and Ultra-premium wine market segments with many other Super-premium and Ultra-premium domestic and foreign wines, with imported wines coming from the Burgundy and Bordeaux regions of France, as well as Italy, Chile, Argentina, South Africa and Australia.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.