Company CFO sells over 13,000 shares in insider sale

Robyn L Bradbury, the Chief Financial Officer of $CNM, recently made a significant sale of 13,363 shares of the company, with an estimated value of $801,322. This sale represented about 39.8% of Bradbury’s total shares of this class of stock, leaving them with 20,192 shares. The transaction details were sourced from a recent filing with the Securities and Exchange Commission (SEC).

In the past six months, insiders at $CNM have been active in trading the company’s stock on the open market. There have been a total of 21 transactions, all of which have been sales, with no purchases made by insiders during this period. These sales signify a substantial divestment of shares by key company figures.

Chief Executive Officers and Executive Vice Presidents have also engaged in selling shares, with notable figures including General Counsel and Secretary Mark G. Whittenburg, who sold 150,000 shares worth an estimated $8,282,548, and Executive Vice President John R. Schaller, who sold 111,406 shares valued at $5,487,731. Other executives who have participated in selling shares include Chief Accounting Officer John Weldon Stephens, President Bradford A. Cowles, Chief Human Resources Officer Laura K. Schneider, and Chief Financial Officer Robyn L. Bradbury.

On the institutional front, there has been significant activity with 188 investors increasing their holdings in $CNM stock, while 213 investors have decreased their positions in recent quarters. Top movements include D1 Capital Partners L.P. adding 4,945,680 shares to their portfolio, Morgan Stanley adding 3,398,945 shares, and FMR LLC removing 2,266,614 shares from their holdings.

Congressional members have also been active in trading $CNM stock. Representative April McClain Delaney conducted two purchases of the stock, totaling up to $30,000. No sales were reported in this timeframe, with members of Congress generally showing an interest in acquiring shares of the company.

Analyst ratings for $CNM have been positive, with three prominent firms issuing buy ratings on the stock. Recommendations from RBC Capital, Wells Fargo, and Deutsche Bank highlight the positive outlook for the company.

In conclusion, these recent transactions, both by insiders, hedge funds, and members of Congress, provide insights into the trends and sentiments surrounding $CNM stock. Analyst ratings also affirm a favorable view of the company’s performance and potential for growth. Investors can track these movements and assessments through platforms like Quiver Quantitative to stay informed about the latest developments in the market.