Revenue Update on CEB(NYSE:CEB)

CEB(NYSE:CEB) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $251.15M. Analysts estimated a revenue of $244.57M. Earnings per share were $0.97. Analysts had estimated an EPS of $0.93.

CEB (CEB) shares turned negative on Fridays trading session with the shares closing down -0.03 points or -0.05% at a volume of 2,97,866. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $60.24. The peak price level was also seen at $60.24 while the days lowest was $58.16. Finally the shares closed at $60.04. The 52-week high of the shares is $84 while the 52-week low is $49.27. According to the latest information available, the market cap of the company is $1,934 M.

Several Insider Transactions has been reported to the SEC. On May 4, 2016, Melody L Jones (Chief Administrative Officer) sold 12,310 shares at $62.15 per share price.Also, On May 4, 2016, Jeffrey R Tarr (director) sold 7,250 shares at $62.07 per share price.On Nov 19, 2015, Daniel O Leemon (director) sold 1,133 shares at $75.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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