KushCo Holdings Inc (OTCMKTS:KSHB) Director Dallas Imbimbo sold 282,426 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $5.58, for a total value of $1,575,937.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Dallas Imbimbo also recently made the following trade(s):

  • On Thursday, January 17th, Dallas Imbimbo sold 310,826 shares of KushCo stock. The stock was sold at an average price of $5.72, for a total value of $1,777,924.72.

Shares of KSHB stock traded down $0.07 during trading hours on Thursday, hitting $5.52. The stock had a trading volume of 537,178 shares, compared to its average volume of 687,901. KushCo Holdings Inc has a one year low of $3.76 and a one year high of $7.20. The stock has a market capitalization of $485.68 million, a price-to-earnings ratio of -34.49 and a beta of 1.45.

KushCo (OTCMKTS:KSHB) last issued its earnings results on Tuesday, January 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.06). The firm had revenue of $25.32 million during the quarter, compared to the consensus estimate of $18.76 million. KushCo had a negative return on equity of 25.52% and a negative net margin of 26.94%. The firm’s revenue for the quarter was up 186.2% compared to the same quarter last year. As a group, research analysts forecast that KushCo Holdings Inc will post -0.35 EPS for the current fiscal year.

KSHB has been the topic of a number of recent analyst reports. ValuEngine cut KushCo from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Zacks Investment Research cut KushCo from a “hold” rating to a “sell” rating in a report on Tuesday, January 1st. Seaport Global Securities assumed coverage on KushCo in a report on Thursday, February 21st. They set a “buy” rating and a $10.00 price target on the stock. Canaccord Genuity assumed coverage on KushCo in a report on Tuesday, December 4th. They issued a “speculative buy” rating and a $7.50 target price on the stock. Finally, Northland Securities set a $9.00 target price on KushCo and gave the stock a “buy” rating in a report on Friday, March 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.06.

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About KushCo

KushCo Holdings, Inc primarily engages in the wholesale distribution of packaging supplies in the United States, Canada, Europe, and internationally. The company offers pop-top bottles; child resistant exit, paper exit, and foil barrier bags; tubes; and polystyrene, silicone-lined polystyrene or glass containers.

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Insider Buying and Selling by Quarter for KushCo (OTCMKTS:KSHB)

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