Insider Selling: John Edward Capps Sells 10,000 Shares of Jarden Corp. Stock (JAH)
Jarden Corp. (NYSE:JAH) EVP John Edward Capps sold 10,000 shares of Jarden Corp. stock on the open market in a transaction dated Monday, September 9th. The shares were sold at an average price of $47.41, for a total transaction of $474,100.00. Following the sale, the executive vice president now directly owns 130,294 shares of the company’s stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on JAH shares. Analysts at Oppenheimer raised their price target on shares of Jarden Corp. (NYSE:JAH) from $50.00 to $56.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Jarden Corp. (NYSE:JAH) from $47.00 to $57.00 in a research note to investors on Friday, September 6th. They now have an “overweight” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Jarden Corp. (NYSE:JAH) in a research note to investors on Thursday, September 5th. They now have a $55.00 price target on the stock, up previously from $53.00.
One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Jarden Corp. presently has a consensus rating of “Buy” and a consensus target price of $55.00.
Shares of Jarden Corp. (NYSE:JAH) traded down 0.71% during mid-day trading on Wednesday, hitting $47.23. The stock had a trading volume of 851,820 shares. Jarden Corp. has a 52-week low of $32.4267 and a 52-week high of $49.28. The stock’s 50-day moving average is $45.94 and its 200-day moving average is $44.73. The company has a market cap of $5.319 billion and a P/E ratio of 27.03.
Jarden Corp. (NYSE:JAH) last released its earnings data on Thursday, July 25th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.01. The company had revenue of $1.76 million for the quarter, compared to the consensus estimate of $1.76 million. During the same quarter in the prior year, the company posted $1.14 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts expect that Jarden Corp. will post $3.35 EPS for the current fiscal year.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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