The VP, Strategy, Research and DT of Steelcase Inc (NYSE: SCS) is Selling Shares

By Carrie Williams

Yesterday, the VP, Strategy, Research and DT of Steelcase Inc (NYSE: SCS), Sara Armbruster, sold shares of SCS for $109.7K.

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

Based on Steelcase Inc’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $773 million and quarterly net profit of $100K. In comparison, last year the company earned revenue of $769 million and had a net profit of $25.3 million. The company has a one-year high of $18.15 and a one-year low of $12.50. SCS’s market cap is $1.61B and the company has a P/E ratio of 20.42.

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.

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Steelcase, Inc. offers furnishing solutions that addresses the three core elements of an office environment: interior architecture, furniture and technology. 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.