A Director at Eaton Vance is Exercising Options

By Carrie Williams

Today it was reported that a Director at Eaton Vance (EVResearch Report), Ann Berman, exercised options to sell 11,777 EV shares at $34.84 a share, for a total transaction value of $556.6K.

Following Ann Berman’s last EV Sell transaction on September 28, 2017, the stock climbed by 0.7%.

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Based on Eaton Vance’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $474 million and quarterly net profit of $109 million. In comparison, last year the company earned revenue of $423 million and had a net profit of $105 million. The company has a one-year high of $48.98 and a one-year low of $32.28. Currently, Eaton Vance has an average volume of 816.18K.

The insider sentiment on Eaton Vance has been negative according to 32 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Ann Berman’s trades have generated a -14.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Eaton Vance Corp. engages in the management of investment funds and provides counseling services. It offers a range of engineered portfolio implementation services, including tax-managed core and specialty index strategies, futures and options-based portfolio overlays, and centralized portfolio management of multi-manager portfolios.