The VP, Secretary & Gen. Counsel of Cintas Corp (NASDAQ: CTAS) is Selling Shares

By Carrie Williams

Today, the VP, Secretary & Gen. Counsel of Cintas Corp (CTASResearch Report), Thomas Frooman, sold shares of CTAS for $501.9K.

Following Thomas Frooman’s last CTAS Sell transaction on February 15, 2019, the stock climbed by 3.6%.

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Based on Cintas Corp’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $1.68 billion and quarterly net profit of $203 million. In comparison, last year the company earned revenue of $1.59 billion and had a net profit of $290 million. CTAS’s market cap is $21.76B and the company has a P/E ratio of 27.25. Currently, Cintas Corp has an average volume of 119.6K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $208.33, reflecting a 0.1% upside.

The insider sentiment on Cintas Corp has been negative according to 39 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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Cintas Corp. engages in the provision and supply of corporate identity uniform programs. It operates through the following segments: Uniform Rental and Facility Services, First Aid and Safety Services, and All Other.