The CEO & President of Carlisle Companies Incorporated is Exercising Options

By Carrie Williams

Today it was reported that the CEO & President of Carlisle Companies Incorporated (CSLResearch Report), Christian Koch, exercised options to sell 30,255 CSL shares at $57.47 a share, for a total transaction value of $3.63M.

Following Christian Koch’s last CSL Sell transaction on February 18, 2016, the stock climbed by 35.2%. In addition to Christian Koch, one other CSL executive reported Sell trades in the last month.

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Based on Carlisle Companies Incorporated’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.08 billion and quarterly net profit of $87.8 million. In comparison, last year the company earned revenue of $1.07 billion and had a net profit of $114 million. CSL’s market cap is $7.18B and the company has a P/E ratio of 23.49. Currently, Carlisle Companies Incorporated has an average volume of 209.4K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy CSL with a $130 price target. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $134.25, reflecting a 11.7% upside.

The insider sentiment on Carlisle Companies Incorporated has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Carlisle Cos., Inc. engages in the manufacture and distribution of engineered products for both original equipment and aftermarket channels. It operates through the following segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle FoodService Products, Carlisle Fluid Technologies, and Carlisle Brake & Friction.