Insider Trading Alert: Turning Point Brands, Inc. $TPB

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Turning Point Brands, Inc. (NYSE:TPB) insider have most recently took part in a trading activity. On Jan 3, 2018 Standard General L.p., 10% Owner bought 150,000 shares having total worth of $3,120,000 at the price of $20.8 per share, following the transaction a total of 9,947,692 shares owned by Standard General L.p.. Before this latest buy, Standard General L.p. purchased TPB at 2 other times during the past twelve months, for a total investment of $33.61M at an average of $16.81 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. In 8 of these trades, the insider was a seller while an employee of the company was the buyer in 5 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 23.71%
12 Month 5 8 96.39%

Shares of Turning Point Brands, Inc. (NYSE:TPB) traded down 0.67% on Jan 3, 2018, hitting $20.66. 218,079 shares of the company’s stock traded hands. Turning Point Brands, Inc. has a 52 week low of $9.26 and a 52 week high of $21.13. The company’s market cap is $224 million.

Turning Point Brands, Inc. (NYSE:TPB) last announced its earnings results on Nov 9, 2017. The company reported 0.38 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.44 by $0.06. The company had revenue of $73 million for the quarter, compared to the consensus estimate of $71 million. During the same quarter in the previous year, the company posted 0.34 earnings per share. The company’s revenue for the quarter was up 44% on a year-over-year basis.

2017-11-09 2017-08-10 2017-05-11 2017-03-13 2016-11-10 2016-08-11 2016-06-15
earnings per share 0.38 0.38 0.29 0.31 0.34 0.16 0.27
Revenue(M) 73.34 72.09 66.79 53.82 50.96 51.58 49.87

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.