The EC of Dollar Tree (NASDAQ: DLTR) is Selling Shares

By Carrie Williams

Today, the EC of Dollar Tree (DLTRResearch Report), Bob Sasser, sold shares of DLTR for $8.11M.

Following Bob Sasser’s last DLTR Sell transaction on November 30, 2017, the stock climbed by 13.0%. In addition to Bob Sasser, 2 other DLTR executives reported Sell trades in the last month.

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Based on Dollar Tree’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $5.74 billion and quarterly net profit of $180 million. In comparison, last year the company earned revenue of $5.53 billion and had a net profit of $274 million. The company has a one-year high of $116.59 and a one-year low of $78.78.

The insider sentiment on Dollar Tree has been neutral according to 82 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Bob Sasser’s trades have generated a -23.9% 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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Dollar Tree, Inc. owns and operates discount variety stores offering merchandise at the fixed prices. It operates through Dollar Tree and Family Dollar segments. The company offers selection of everyday basic products and its supplement these basic, everyday items with seasonal, closeout and promotional merchandise.