Insider Selling: Cision Ltd (NYSE:CISN) Insider Sells $321,160.00 in Stock

Cision Ltd (NYSE:CISN) insider Rainer Mathes sold 28,000 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $11.47, for a total transaction of $321,160.00. Following the completion of the sale, the insider now owns 1,680,949 shares of the company’s stock, valued at approximately $19,280,485.03. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Rainer Mathes also recently made the following trade(s):

  • On Tuesday, May 28th, Rainer Mathes sold 17,819 shares of Cision stock. The shares were sold at an average price of $10.86, for a total transaction of $193,514.34.
  • On Friday, May 24th, Rainer Mathes sold 17,820 shares of Cision stock. The shares were sold at an average price of $10.88, for a total transaction of $193,881.60.
  • On Tuesday, April 30th, Rainer Mathes sold 15,000 shares of Cision stock. The shares were sold at an average price of $12.12, for a total transaction of $181,800.00.
  • On Wednesday, April 17th, Rainer Mathes sold 15,000 shares of Cision stock. The shares were sold at an average price of $12.41, for a total transaction of $186,150.00.

Shares of CISN stock opened at $11.69 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.72. Cision Ltd has a 12-month low of $10.40 and a 12-month high of $18.28. The company has a market cap of $1.73 billion, a PE ratio of 14.26 and a beta of 0.60.

Cision (NYSE:CISN) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. Cision had a negative net margin of 1.68% and a positive return on equity of 31.61%. The company had revenue of $185.80 million during the quarter, compared to analyst estimates of $188.40 million. During the same quarter last year, the business posted $0.19 EPS. Cision’s quarterly revenue was up 3.6% compared to the same quarter last year. Equities analysts forecast that Cision Ltd will post 0.79 earnings per share for the current fiscal year.

Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Cision from a “sell” rating to a “hold” rating in a research note on Tuesday, May 7th. ValuEngine lowered shares of Cision from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $18.00.

Several hedge funds have recently modified their holdings of CISN. Artisan Partners Limited Partnership increased its stake in Cision by 3.1% in the 1st quarter. Artisan Partners Limited Partnership now owns 2,535,168 shares of the company’s stock worth $34,909,000 after buying an additional 76,175 shares during the period. New York State Common Retirement Fund increased its stake in Cision by 1.6% in the 1st quarter. New York State Common Retirement Fund now owns 540,005 shares of the company’s stock worth $7,436,000 after buying an additional 8,300 shares during the period. California Public Employees Retirement System increased its stake in Cision by 1.4% in the 1st quarter. California Public Employees Retirement System now owns 103,633 shares of the company’s stock worth $1,427,000 after buying an additional 1,395 shares during the period. Janus Henderson Group PLC increased its stake in Cision by 27.0% in the 1st quarter. Janus Henderson Group PLC now owns 8,106,547 shares of the company’s stock worth $111,627,000 after buying an additional 1,724,695 shares during the period. Finally, Dupont Capital Management Corp purchased a new position in Cision in the 1st quarter worth about $386,000. Institutional investors own 51.35% of the company’s stock.

Cision Company Profile

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services to businesses worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.

See Also: Producer Price Index (PPI)

Insider Buying and Selling by Quarter for Cision (NYSE:CISN)

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