The EVP & CIO of Northern Trust (NASDAQ: NTRS) is Selling Shares

By Carrie Williams

Yesterday, the EVP & CIO of Northern Trust (NTRSResearch Report), Robert Browne, sold shares of NTRS for $1.06M.

See today’s analyst top recommended stocks >>

Based on Northern Trust’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.73 billion and quarterly net profit of $343 million. In comparison, last year the company earned revenue of $1.58 billion and had a net profit of $376 million. NTRS’s market cap is $18.99B and the company has a P/E ratio of 13.33. Currently, Northern Trust has an average volume of 933.9K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $108.50, reflecting a 24.5% upside.

The insider sentiment on Northern Trust has been negative according to 133 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through two segments: Corporate & Institutional Services and Wealth Management.