The COO of Raymond James Financial (NYSE: RJF) is Selling Shares

By Carrie Williams

Today, the COO of Raymond James Financial (NYSE: RJF), Dennis Zank, sold shares of RJF for $1.97M.

Following Dennis Zank’s last RJF Sell transaction on December 01, 2017, the stock climbed by 10.2%. In addition to Dennis Zank, one other RJF executive reported Sell trades in the last month.

Based on Raymond James Financial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.77 billion and quarterly net profit of $119 million. In comparison, last year the company earned revenue of $1.53 billion and had a net profit of $146 million. The company has a one-year high of $99.26 and a one-year low of $71.35. RJF’s market cap is $14.26B and the company has a P/E ratio of 23.84.

The insider sentiment on Raymond James Financial has been neutral according to 100 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Raymond James Financial, Inc. is a holding company, which engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other. The Private Client Group segment deals with financial planning and securities transaction services.