The trading plan set up by Tractor Supply COO Stan Ruta, who will step down from his post late this year, on Monday exercised options to buy almost 20,000 shares of the retailer. The plan then sold those shares for three times the options' price, giving Ruta a profit of $745,000. Tractor Supply shares (Ticker: TSCO) are up 13 percent year to date.
Corporate Board Member has hooked up with two organizations to beef up its corporate governance content offerings, particularly its "This Week in the Boardroom" webcast. CBM President T.K. Kerstetter says his group's partnerships with the National Investor Relations Institute and Society of Corporate Secretaries and Governance Professionals will add expertise in the areas of investor relations and director engagement, among others.
The number-crunching and back-testing analysts at Standpoint Research are again bullish on shares of Cracker Barrel Old Country Store, which have retreated about 10 percent so far this year. They've hiked their rating to 'buy' from 'hold' and have a target of $58. Cracker Barrel (Ticker: CBRL) is changing hands this morning at $48.90, down about 1 percent from yesterday's close.
Even though shares of Brookdale Senior Living (Ticker: BKD) have doubled since Labor Day, Goldman Sachs analyst Sloan Bohlen sees them inching a bit higher still. Bohlen has lifted his price target to $28, about 3 percent above where they closed Tuesday trading.
Add Deutsche Bank's Adam Sindler to the list of unabashed Tractor Supply bulls. Sindler has reiterated his 'buy' rating on the Brentwood-based retailer and hiked his price target to $61 from $55, which puts him near the top of the Street's range. Tractor Supply shares (Ticker: TSCO) are up about 11 percent so far this year and 84 percent over the past 12 months.
Meanwhile, Zacks Investment Research has lowered its rating on shares of Emdeon, which recently reported in-line Q4 numbers, to 'underperform' from 'neutral.' Shares of Emdeon (Ticker: EM) are up 13 percent so far this year.