A Director at VSE Corporation (NASDAQ: VSEC) is Selling Shares

By Carrie Williams

Today, a Director at VSE Corporation (NASDAQ: VSEC), Bonnie Wachtel, sold shares of VSEC for $111.8K.

Following Bonnie Wachtel’s last VSEC Sell transaction on January 06, 2016, the stock climbed by 8.8%.

Based on VSE Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $173 million and quarterly net profit of $7.09 million. In comparison, last year the company earned revenue of $137 million and had a net profit of $6.47 million. The company has a one year high of $39.06 and a one year low of $26.16. VSEC’s market cap is $419.2M and the company has a P/E ratio of 15.40.

The insider sentiment on VSE Corporation has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

VSE Corp. engages in the provision of technical services to the owners and operators of transportation and equipment assets and large, mission critical fleets. Its operations include supply chain management solutions and parts supply for vehicle fleets; maintenance, repair, and overhaul services and parts supply for aviation clients; vehicle equipment maintenance and refurbishment, logistics; engineering; energy and environmental services; Information Technology (IT) and health care IT solutions; and consulting services. It operates through the following segments: Supply Chain; Aviation; Federal Services; and IT, Energy, and Management Consulting. The Supply Chain segment provides sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management efforts. The Aviation segment provides MRO services, parts supply and distribution, and supply chain solutions for general aviation jet aircraft engines and engine accessories. The Federal Services segment provides foreign military sale services, refurbishment services, fleet-wide ship and aircraft support, aircraft sustainment and maintenance, and other related services. The IT, Energy, and Management Consulting segment provides technical and consulting services. The company was founded on January 22, 1959 and is headquartered in Alexandria, VA.