The Pres. of Sub. of Covenant Transportation Group (NASDAQ: CVTI) is Selling Shares

By Carrie Williams

Today, the Pres. of Sub. of Covenant Transportation Group (NASDAQ: CVTI), James Brower, sold shares of CVTI for $108.8K.

In addition to James Brower, 8 other CVTI executives reported Sell trades in the last month. Following James Brower’s last CVTI Sell transaction on January 04, 2017, the stock climbed by 2.0%.

The company has a one year high of $25.77 and a one year low of $14.26. CVTI’s market cap is $396.3M and the company has a P/E ratio of 24.2. Currently, Covenant Transportation Group has an average volume of 117.9K.

The insider sentiment on Covenant Transportation Group has been neutral according to 36 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

James Brower’s trades have generated a -49.5% 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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Covenant Transportation Group, Inc. through its subsidiaries, provides truckload transportation services. It is a carrier for transportation companies such as freight forwarders, less-than-truckload carriers, and third-party logistics providers that require a high level of service to support their businesses, as well as for traditional truckload customers such as manufacturers, retailers, and food and beverage shippers. The company operates through Asset-Based Truckload Services segment. The Asset-Based Truckload segment consists of three asset-based operating fleets: Covenant Transport, Inc., which provides expedited long-haul and regional solo-driver service; Southern Refrigerated Transport, Inc., which provides primarily long-haul and regional temperature-controlled service; and Star Transportation, Inc., which provides regional solo-driver service, primarily in the Southeastern U.S. Covenant Transportation Group was founded by David Ray Parker in May 1986 and is headquartered in Chattanooga, TN.