Insider Trading to Track: YRC Worldwide Incorporated (YRCW)

YRC Worldwide Inc (NASDAQ:YRCW) insider has recently participated in insider trading activity. President, YRC Inc., Hawkins Darren sold 5,000 shares for $ 87,426 via one transaction Nov 06       . Following the transaction, the insider now owns 22,493 shares in total, priced at $178594.42 as of Tuesday. Another notable insider trading was done by the same insider on Aug 14. Hawkins Darren sold 3,705 shares at an average price of $19.47 for a total of $ 72,139. Moreover, Pierson Jamie G. carried out a sale of 35,000 shares at $6.72 each on Feb 11. The transaction amounted to $ 235,288. Chief Executive Officer WELCH JAMES L sold 41,107      shares for $ 825,466 through one transaction Aug 06. Following this sale, this insider’s stake in the company comprises 332,975 shares, priced at $2643821.5 as of Tuesday.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 3 sell activities and 1 buy trades. Furthermore, over the past 12 months, the stock was traded 56 times by insiders. In 37 of these trades, the insider was a seller while an employee of the company was the buyer in just 19 instances.

On February 4, 2016, YRC Worldwide Inc (YRCW) reported consolidated operating revenue for the fourth quarter 2015 of $1.143 billion with a consolidated operating loss of $15.3 million, which included a non-union pension settlement charge of $28.7 million and a $0.4 million loss on property disposals. As a comparison, the company reported consolidated operating revenue of $1.218 billion for the fourth quarter 2014 with consolidated operating income of $31.2 million, which included a $5.8 million gain on property disposals.

Consolidated operating revenue for the year ended December 31, 2015 was $4.832 billion with consolidated operating income of $93.0 million, which included a $1.9 million loss on property disposals and the settlement charge referenced above. This compares to full-year 2014 consolidated operating revenue of $5.069 billion with consolidated operating income of $45.5 million, which included an $11.9 million gain on property disposals.

YRC Worldwide Inc. provides various transportation services primarily in North America. Its YRC Freight segment offers various services to transport industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components. This segment also provides specialized services, including guaranteed expedited services, time-specific deliveries, cross-border services, coast-to-coast air delivery, product returns, temperature-sensitive shipment protection, and government material shipments. It serves manufacturing, wholesale, retail, and government customers.