A Director at Tractor Supply (NASDAQ: TSCO) is Selling Shares

By Carrie Williams

Today, a Director at Tractor Supply (TSCOResearch Report), Edna Morris, sold shares of TSCO for $401K.

Following Edna Morris’ last TSCO Sell transaction on January 10, 2014, the stock climbed by 25.3%. This is Morris’ first Sell trade following 4 Buy transactions.

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Based on Tractor Supply’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.13 billion and quarterly net profit of $137 million. In comparison, last year the company earned revenue of $1.95 billion and had a net profit of $110 million. TSCO’s market cap is $11.92B and the company has a P/E ratio of 22.58. Currently, Tractor Supply has an average volume of 1.25M.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $99.57, reflecting a 2.6% upside.

Edna Morris’ trades have generated a 56.5% 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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Tractor Supply Co. engages in the retail sale of farm and ranch products. It operates retail farm & ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The firm operates the retail stores under the names: Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense.