Covetrus, Inc. (NASDAQ:CVET) insider Dustin Finer sold 1,500 shares of Covetrus stock in a transaction dated Tuesday, June 8th. The shares were sold at an average price of $27.86, for a total value of $41,790.00. Following the completion of the sale, the insider now owns 36,710 shares of the company’s stock, valued at approximately $1,022,740.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Dustin Finer also recently made the following trade(s):
- On Wednesday, June 2nd, Dustin Finer sold 2,322 shares of Covetrus stock. The shares were sold at an average price of $27.28, for a total value of $63,344.16.
- On Tuesday, May 4th, Dustin Finer sold 1,500 shares of Covetrus stock. The stock was sold at an average price of $30.43, for a total value of $45,645.00.
- On Tuesday, April 6th, Dustin Finer sold 1,500 shares of Covetrus stock. The stock was sold at an average price of $29.38, for a total value of $44,070.00.
NASDAQ CVET opened at $27.83 on Friday. The stock has a market cap of $3.80 billion, a PE ratio of -347.83, a PEG ratio of 1.74 and a beta of 2.05. Covetrus, Inc. has a fifty-two week low of $15.03 and a fifty-two week high of $40.78. The business has a 50 day moving average of $28.18. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.27 and a current ratio of 2.09.
CVET has been the subject of a number of research reports. Zacks Investment Research upgraded Covetrus from a “sell” rating to a “hold” rating in a report on Thursday, May 20th. Barclays initiated coverage on Covetrus in a report on Wednesday, February 17th. They set an “overweight” rating and a $48.00 target price for the company. Finally, Raymond James boosted their target price on Covetrus from $31.00 to $39.00 and gave the stock an “outperform” rating in a report on Tuesday, March 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $33.40.
Covetrus Company Profile
Covetrus, Inc, together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and Covetrus branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, parasiticides, and vitamins and supplements to wholesale and retail customers.
Further Reading: Special Dividends
Receive News & Ratings for Covetrus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covetrus and related companies with MarketBeat.com's FREE daily email newsletter.