Recent Insider Trading: Charles & Colvard Ltd $CTHR

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Charles & Colvard Ltd (CTHR) insider have most recently took part in a trading activity. On Dec 4, 2017 Sykes Ollin B, Director bought 35,500 shares having total worth of $44,730 at the price of $1.26 per share, following the transaction a total of 1,387,755 shares owned by Sykes Ollin B. Before this latest buy, Sykes Ollin B purchased CTHR at 12 other times during the past twelve months, for a total investment of $255,361 at an average of $0.96 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 8 buy trades. Furthermore, over the past 12 months , the stock was traded 21 times by insiders. an employee of the company was the buyer in 21 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 8 0 57.83%
12 Month 21 0 27.18%

Charles & Colvard Ltd (CTHR) last announced its earnings results on Nov 2, 2017. The company reported -0.01 earnings per share (EPS) for the quarter. The company had revenue of $6 million for the quarter During the same quarter in the previous year, the company posted -0.06 earnings per share. The company’s revenue for the quarter was up 19% on a year-over-year basis.

2017-11-02 2017-08-03 2017-05-04 2017-03-09 2016-11-03 2016-04-28 2016-03-08 2015-11-12 2015-08-06 2015-04-30
earnings per share -0.01 -0.02 -0.03 -0.05 -0.06 -0.04 -0.09 -0.10 -0.20 -0.08
Revenue(M) 6.21 6.64 5.65 6.04 5.21 11.39 8.4 6.52 7.48 8.38

Charles & Colvard, Ltd., a North Carolina corporation was founded in 1995. The Company manufactures, markets, and distributes Moissanite jewels for sale in the worldwide jewelry market. Moissanite, also known by its chemical name of silicon carbide, or SiC, a rare mineral first discovered in a meteor crater. Because naturally occurring SiC crystals are too small for commercial use, larger crystals are grown in the laboratory. The Company is the sole source worldwide of lab-created Moissanite jewels. The Company obtains the majority of its SiC crystals from Cree, Inc. It mainly sells loose moissanite jewels to some of the largest jewelry manufacturers and distributors in the world, which mount them into fine jewelry. It has also begun to wholesale a limited amount of finished moissanite jewelry. The Company mainly sells near-colorless moissanite jewels cut in a variety of shapes including round, square brilliant, cushion, radiant, pear, marquise, and oval in sizes ranging from approximately 2 to 12 millimeters (approximately 0.03 to 5.3 carats). To evaluate the market potential of colored moissanite, it had produced and distributed with moderate success a limited quantity of green moissanite jewels but, to date, it has not elected to expand these product offerings. In Future the Company may elect to offer, from time to time, additional cuts, sizes, and colors of moissanite jewels. The Company has these same patents in a number of foreign jurisdictions. In addition the company has certain trademarks and pending trademark applications that support its moissanite branding strategy. The Company sells moissanite jewelry to its consumers through channels, including single- and multiple-location independent jewelry stores, jewelry store chains, online, television shopping channels, department stores, and catalogs. It mainly sells to distributors and finished jewelry manufacturers, which in turn sell to retailers. It is subject to governmental regulations in the manufacture and sale of moissanite jewels and finished jewelry.

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.