ConturaEnergyInc . (NASDAQ:CTRA) CEO Sells $881,244.00 in Stock

ConturaEnergyInc . (NASDAQ:CTRA) CEO Kevin S. Crutchfield sold 15,600 shares of ConturaEnergyInc . stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $56.49, for a total value of $881,244.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of CTRA opened at $55.77 on Friday. ConturaEnergyInc . has a 52 week low of $54.21 and a 52 week high of $81.00.

ConturaEnergyInc . (NASDAQ:CTRA) last issued its quarterly earnings results on Monday, April 1st. The company reported $9.85 EPS for the quarter, topping analysts’ consensus estimates of $4.30 by $5.55. The company had revenue of $572.08 million during the quarter, compared to the consensus estimate of $549.90 million. During the same period in the prior year, the firm earned $10.83 earnings per share. The business’s revenue for the quarter was up 62.2% compared to the same quarter last year.

Separately, Zacks Investment Research cut ConturaEnergyInc . from a “hold” rating to a “sell” rating in a research report on Wednesday, March 27th.

Several institutional investors and hedge funds have recently modified their holdings of CTRA. Edge Wealth Management LLC purchased a new position in ConturaEnergyInc . in the 4th quarter worth approximately $329,000. Virtu Financial LLC purchased a new position in ConturaEnergyInc . in the 4th quarter worth approximately $456,000. Joel Isaacson & Co. LLC purchased a new position in ConturaEnergyInc . in the 4th quarter worth approximately $765,000. Deltec Asset Management LLC purchased a new stake in ConturaEnergyInc . during the 4th quarter valued at $1,983,000. Finally, Huntington National Bank purchased a new stake in ConturaEnergyInc . during the 4th quarter valued at $3,132,000.

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About ConturaEnergyInc .

Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.

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