Director at ScanSource is Selling Shares

By George MacDonald

Today, director at ScanSource, Steven R. Fischer, sold stocks of SCSC for $367.1k.

This is Fischer’s first Sell trade following 3 Buy transactions. This is Fischer’s first transasction since reporting a Buy transaction on FALC back in April 2015

Based on ScanSource`s latest earnings report from March 31, the company posted quarterly revenue of $763.2M and quarterly net profit of $12.94M. In comparison, last year the company earned revenue of $683M and had a net profit of $16.95M. The company has a one year high of $42.52 and a one year low of $31.32. SCSC’s market cap is $1.13B and the company has a P/E ratio of 15%.

Over the last 3 months, the insider sentiment on ScanSource has been neutral based on 25 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

ScanSource is a wholesale distributor of specialty technology products. It provides value-added distribution services for technology manufacturers and sells to resellers in technology markets: POS and Barcode, Physical Security, and Communications.