A Director at Pool Corp is Exercising Options

By Carrie Williams

Today it was reported that a Director at Pool Corp (NASDAQ: POOL), Robert Sledd, exercised options to sell 5,766 POOL shares at $24.71 a share, for a total transaction value of $939.6K.

Following Robert Sledd’s last POOL Sell transaction on December 19, 2017, the stock climbed by 33.2%. In addition to Robert Sledd, 3 other POOL executives reported Sell trades in the last month.

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Based on Pool Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.06 billion and quarterly net profit of $117 million. In comparison, last year the company earned revenue of $988 million and had a net profit of $94.9 million. POOL’s market cap is $6.59B and the company has a P/E ratio of 30.27. Currently, Pool Corp has an average volume of 132.3K.

The insider sentiment on Pool Corp has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Robert Sledd’s trades have generated a -15.4% 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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Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.