Insider Selling: Cision Ltd (NYSE:CISN) Insider Sells 15,662 Shares of Stock

Share on StockTwits

Cision Ltd (NYSE:CISN) insider Rainer Mathes sold 15,662 shares of the business’s stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $10.95, for a total value of $171,498.90. Following the completion of the sale, the insider now directly owns 1,659,249 shares in the company, valued at approximately $18,168,776.55. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Thursday, June 20th, Rainer Mathes sold 28,000 shares of Cision stock. The shares were sold at an average price of $11.47, for a total value of $321,160.00.
  • 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 value 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 value 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 value 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 value of $186,150.00.

Shares of CISN stock opened at $10.92 on Monday. The company has a fifty day moving average of $11.20. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.72. Cision Ltd has a one year low of $10.40 and a one year high of $18.28. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 13.16 and a beta of 0.63.

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

Several analysts recently commented on CISN shares. ValuEngine raised Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Zacks Investment Research lowered EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Cision presently has an average rating of “Hold” and an average target price of $17.25.

A number of institutional investors and hedge funds have recently modified their holdings of CISN. Janus Henderson Group PLC raised its position in Cision by 27.0% in the 1st quarter. Janus Henderson Group PLC now owns 8,106,547 shares of the company’s stock valued at $111,627,000 after purchasing an additional 1,724,695 shares during the last quarter. BlackRock Inc. raised its position in shares of Cision by 32.4% during the fourth quarter. BlackRock Inc. now owns 4,703,520 shares of the company’s stock worth $55,032,000 after acquiring an additional 1,151,604 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Cision by 73.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 923,949 shares of the company’s stock worth $10,810,000 after acquiring an additional 391,361 shares during the last quarter. Reinhart Partners Inc. raised its position in shares of Cision by 50.7% during the first quarter. Reinhart Partners Inc. now owns 510,241 shares of the company’s stock worth $7,026,000 after acquiring an additional 171,591 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Cision by 19.9% during the fourth quarter. Northern Trust Corp now owns 817,297 shares of the company’s stock worth $9,563,000 after acquiring an additional 135,802 shares during the last quarter. Hedge funds and other 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.

Featured Story: Dividend Achievers

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

Receive News & Ratings for Cision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cision and related companies with MarketBeat.com's FREE daily email newsletter.