Charles M. Diker Sells 9,978 Shares of ProShares UltraShort DJ-UBS Commodity (CMD) Stock
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.
TRADEMARK VIOLATION WARNING: “Charles M. Diker Sells 9,978 Shares of ProShares UltraShort DJ-UBS Commodity (CMD) Stock” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.watchlistnews.com/charles-m-diker-sells-9978-shares-of-proshares-ultrashort-dj-ubs-commodity-cmd-stock/1806706.html.
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.
Receive News & Ratings for ProShares UltraShort DJ-UBS Commodity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort DJ-UBS Commodity and related companies with Analyst Ratings Network's FREE daily email newsletter.