The Sr. V.P. and General Counsel of Service Corp International (NYSE: SCI) is Selling Shares

By Carrie Williams

Today, the Sr. V.P. and General Counsel of Service Corp International (SCIResearch Report), Gregory Sangalis, sold shares of SCI for $737.2K.

Following Gregory Sangalis’ last SCI Sell transaction on November 13, 2017, the stock climbed by 9.9%. In addition to Gregory Sangalis, 4 other SCI executives reported Sell trades in the last month.

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Based on Service Corp International’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $779 million and quarterly net profit of $68.94 million. In comparison, last year the company earned revenue of $731 million and had a net profit of $56.16 million. SCI’s market cap is $7.98B and the company has a P/E ratio of 16.70. Currently, Service Corp International has an average volume of 749.3K.

In the last 30 days, insiders have sold $6.47M worth of SCI shares and purchased $486.7K worth of SCI shares. The insider sentiment on Service Corp International has been negative according to 51 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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Service Corp. International engages in the provision of death care products and services. It operates through the Funeral and Cemetery business segments.