The Sr. VP, and CFO of Service Corp International (NYSE: SCI) is Buying Shares

By Carrie Williams

Yesterday, the Sr. VP, and CFO of Service Corp International (SCIResearch Report), Eric Tanzberger, bought shares of SCI for $5.2M.

This recent transaction increases Eric Tanzberger’s holding in the company by 251.99% to a total of $10.39 million. This is Tanzberger’s first Buy trade following 10 Sell transactions.

See today’s analyst top recommended stocks >>

Based on Service Corp International’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $813 million and quarterly net profit of $72.33 million. In comparison, last year the company earned revenue of $796 million and had a net profit of $103 million. The company has a one-year high of $48.70 and a one-year low of $37.52. SCI’s market cap is $8.41B and the company has a P/E ratio of 20.70.

Starting in September 2018, SCI received 9 Buy ratings in a row.

In the last 30 days, insiders have sold $22.08M worth of SCI shares and purchased $7.49M worth of SCI shares. The insider sentiment on Service Corp International has been negative according to 61 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.

Service Corp. International engages in the provision of deathcare products and services. It operates through the Funeral and Cemetery business segments.