The SVP, EMEA of Steelcase Inc (NYSE: SCS) is Selling Shares

By Carrie Williams

Today, the SVP, EMEA of Steelcase Inc (NYSE: SCS), Guillaume Alvarez, sold shares of SCS for $156.7K.

In addition to Guillaume Alvarez, 2 other SCS executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Steelcase Inc’s latest earnings report for the quarter ending August 31, the company posted quarterly revenue of $876 million and quarterly net profit of $48.1 million. In comparison, last year the company earned revenue of $776 million and had a net profit of $36.2 million. SCS’s market cap is $2.21B and the company has a P/E ratio of 24.52. Currently, Steelcase Inc has an average volume of 1.48M.

The insider sentiment on Steelcase Inc has been negative according to 81 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.

Steelcase, Inc. engages in the provision of furnishing solutions; and architecture, furniture, and technology products. It operates through following segments: Americas, EMEA, and Others. The Americas segment serves customers in the United States (U.S.), Canada, the Caribbean Islands, and Latin America.