Corelogic Inc (NYSE:CLGX) Director Sells $59,579.00 in Stock

Corelogic Inc (NYSE:CLGX) Director Mary Lee Widener sold 1,300 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $45.83, for a total transaction of $59,579.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Mary Lee Widener also recently made the following trade(s):

  • On Friday, May 17th, Mary Lee Widener sold 1,900 shares of Corelogic stock. The stock was sold at an average price of $40.00, for a total transaction of $76,000.00.

Corelogic stock opened at $46.74 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.75. Corelogic Inc has a 12-month low of $31.87 and a 12-month high of $51.28. The company’s fifty day moving average is $44.11. The firm has a market cap of $3.58 billion, a P/E ratio of 19.81, a PEG ratio of 1.82 and a beta of 0.81.

Corelogic (NYSE:CLGX) last released its earnings results on Wednesday, July 24th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.09. Corelogic had a net margin of 1.80% and a return on equity of 17.14%. The company had revenue of $459.54 million for the quarter, compared to the consensus estimate of $444.22 million. During the same quarter in the previous year, the company earned $1.00 EPS. Corelogic’s quarterly revenue was down 5.9% compared to the same quarter last year. On average, analysts anticipate that Corelogic Inc will post 2.24 earnings per share for the current fiscal year.

CLGX has been the topic of a number of recent analyst reports. Robert W. Baird set a $45.00 price target on shares of Corelogic and gave the stock a “hold” rating in a research report on Friday, July 26th. SunTrust Banks boosted their price target on shares of Corelogic to $42.00 and gave the stock a “hold” rating in a research report on Friday, April 26th. They noted that the move was a valuation call. ValuEngine upgraded shares of Corelogic from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Compass Point set a $44.00 target price on shares of Corelogic and gave the company a “hold” rating in a research report on Friday, July 26th. Finally, Zacks Investment Research upgraded shares of Corelogic from a “hold” rating to a “strong-buy” rating and set a $53.00 target price on the stock in a research report on Tuesday, July 30th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Corelogic has an average rating of “Buy” and a consensus price target of $46.00.

Several institutional investors have recently added to or reduced their stakes in CLGX. Norges Bank acquired a new position in shares of Corelogic during the 4th quarter valued at $29,433,000. Eagle Asset Management Inc. bought a new stake in Corelogic during the 2nd quarter valued at $9,772,000. Wells Fargo & Company MN increased its stake in Corelogic by 174.0% during the 2nd quarter. Wells Fargo & Company MN now owns 330,866 shares of the business services provider’s stock valued at $13,840,000 after purchasing an additional 210,103 shares in the last quarter. Royce & Associates LP bought a new stake in Corelogic during the 1st quarter valued at $6,800,000. Finally, FIL Ltd bought a new stake in Corelogic during the 1st quarter valued at $5,389,000. Institutional investors own 91.03% of the company’s stock.

About Corelogic

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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Insider Buying and Selling by Quarter for Corelogic (NYSE:CLGX)

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