The SVP, Chief Development Officer of Papa John’s Intl. (NASDAQ: PZZA) is Selling SharesBy Carrie Williams
In addition to Timothy Ohern, 4 other PZZA executives reported Sell trades in the last month. Following Timothy Ohern’s last PZZA Sell transaction on November 14, 2016, the stock climbed by 2.3%.
Based on Papa John’s Intl.’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $422 million and quarterly net profit of $21.22 million. In comparison, last year the company earned revenue of $389 million and had a net profit of $17.95 million. The company has a one year high of $86.99 and a one year low of $42.87. PZZA’s market cap is $3.2B and the company has a P/E ratio of 34.91.
In the last 30 days, insiders have sold $1.84M worth of PZZA shares and purchased $226 worth of PZZA shares. The insider sentiment on Papa John’s Intl. has been negative according to 76 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants. It operates through the following segments: Domestic Company-Owned Restaurants, Domestic Commissaries, North America Franchising, International Operations and All Other business units. The Domestic Company-Owned Restaurants consists of the operations of all domestic Company-owned restaurants and derives its revenues principally from retail sales of pizza and side items, including breadsticks, cheesesticks, chicken poppers and wings, dessert items and canned or bottled beverages. Domestic Commissaries segment consists of the operations of its regional dough production and product distribution centers and derives its revenues principally from the sale and distribution of food and paper products to domestic Company-owned and franchised restaurants. The North America Franchising segment consists of its franchise sales and support activities and derives its revenues from sales of franchise and development rights and collection of royalties from its franchisees located in the United States and Canada. The International Operations segment refers to company-owned restaurants in China and distribution sales to franchised Papa John’s restaurants located in the United Kingdom, Mexico and China and its franchise sales and support activities, which derive revenues from sales of franchise and development rights and the collection of royalties from its international franchisees. The All Other Business unit segment refers to company-owned and franchised restaurants, of printing and promotional items, risk management services, and information systems and related services used in restaurant operations, including its point of sale system, online and other technology-based ordering platforms. The company was founded by John H. Schnatter in 1984 and is headquartered in Louisville, KY.