The CCO of Sprint Corp is Exercising Options

By Carrie Williams

Today, the CCO of Sprint Corp, Dow Draper, exercised options of Sprint Corp for $1.67M.

In addition to Dow Draper, 7 other S executives reported Sell trades in the last month.

The company has a one-year high of $9.65 and a one-year low of $5.52. Currently, Sprint Corp has an average volume of 7.87M.

21 different firms, including Merrill Lynch and BTIG, currently also have a Sell rating on the stock. Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $6.4, reflecting a -11.3% downside.

In the last 30 days, insiders have sold $3.85M worth of S shares and purchased $146.1M worth of S shares. The insider sentiment on Sprint Corp has been positive according to 45 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sprint Corp. provides wireless and wired telecommunications services. The company operates through two segments: Wireless and Wireline. The Wireless segment offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale and affiliate basis, which includes the sale of wireless services.