The SVP Corporate Controller of Continental Building Products (NYSE: CBPX) is Selling Shares

By Carrie Williams

Today, the SVP Corporate Controller of Continental Building Products (NYSE: CBPX), Dennis Romps, sold shares of CBPX for $362K.

See today’s analyst top recommended stocks >>

Based on Continental Building Products’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $139 million and quarterly net profit of $21.9 million. In comparison, last year the company earned revenue of $121 million and had a net profit of $12.4 million. CBPX’s market cap is $1.37B and the company has a P/E ratio of 19.84. Currently, Continental Building Products has an average volume of 412.6K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $36.50, reflecting a 2.2% upside.

The insider sentiment on Continental Building Products has been neutral according to 37 insider trades in the past three months. This sentiment is higher 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.

Continental Building Products, Inc. engages in manufacturing and supplies of gypsum wallboard and complementary finishing products. It provides wallboard and joint compound materials for the building and construction of residential houses and commercial buildings. The company operates through the following segments: Wallboard and Other.