Insider Selling: Agilent Technologies EVP Sells 181,480 Shares of Stock (A)
Agilent Technologies (NYSE:A) EVP Ronald Nersesian sold 181,480 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $51.92, for a total transaction of $9,422,441.60. Following the completion of the transaction, the executive vice president now directly owns 46,339 shares in the company, valued at approximately $2,405,921. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of research firms have recently commented on A. Analysts at Barclays Capital raised their price target on shares of Agilent Technologies (NYSE:A) from $52.00 to $58.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, analysts at UBS AG raised their price target on shares of Agilent Technologies (NYSE:A) from $50.00 to $57.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Agilent Technologies (NYSE:A) in a research note to investors on Friday. They now have a $60.00 price target on the stock, up previously from $49.00.
One research analyst has rated the stock with a sell rating, three have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $53.28.
Shares of Agilent Technologies (NYSE:A) traded down 0.14% during mid-day trading on Tuesday, hitting $51.60. The stock had a trading volume of 2,204,321 shares. Agilent Technologies has a 52 week low of $35.38 and a 52 week high of $53.47. The stock’s 50-day moving average is $47.84 and its 200-day moving average is $44.79. The company has a market cap of $17.069 billion and a P/E ratio of 19.22.
Agilent Technologies (NYSE:A) last released its earnings data on Wednesday, August 14th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.06. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. Analysts expect that Agilent Technologies will post $2.84 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 23rd. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Friday, September 27th.
Agilent Technologies, Inc (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries.
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