ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Chairman Charles M. Diker sold 9,978 shares of the company’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $107.17, for a total value of $1,069,342.26. Following the completion of the sale, the chairman now owns 3,052,678 shares in the company, valued at approximately $327,155,501.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of ProShares UltraShort DJ-UBS Commodity (CMD) opened at $80.17 on Friday. ProShares UltraShort DJ-UBS Commodity has a one year low of $37.21 and a one year high of $86.30. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.36 and a current ratio of 2.31.

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last issued its earnings results on Thursday, December 7th. The medical instruments supplier reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. ProShares UltraShort DJ-UBS Commodity had a return on equity of 16.70% and a net margin of 9.02%. The firm had revenue of $212.80 million for the quarter, compared to the consensus estimate of $207.72 million. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company’s revenue was up 13.4% compared to the same quarter last year.

The business also recently announced a dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be paid a $0.085 dividend. The ex-dividend date is Tuesday, January 16th.

CMD has been the topic of a number of recent research reports. Zacks Investment Research upgraded ProShares UltraShort DJ-UBS Commodity from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Thursday, January 4th. Needham & Company LLC restated a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a research note on Thursday, December 7th. Finally, Raymond James Financial restated a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a research note on Monday, December 4th.

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About ProShares UltraShort DJ-UBS Commodity

ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.

Insider Buying and Selling by Quarter for ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD)

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