W.W. Grainger VP Sells $982,374 in Stock (GWW)
W.W. Grainger (NYSE:GWW) VP Court D. Carruthers sold 3,795 shares of W.W. Grainger stock on the open market in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $258.86, for a total transaction of $982,373.70. Following the transaction, the vice president now directly owns 24,157 shares in the company, valued at approximately $6,253,281. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of W.W. Grainger (NYSE:GWW) traded up 0.63% on Thursday, hitting $265.43. 308,302 shares of the company’s stock traded hands. W.W. Grainger has a one year low of $202.83 and a one year high of $276.38. The stock’s 50-day moving average is $255. and its 200-day moving average is $259.. The company has a market cap of $18.424 billion and a P/E ratio of 23.79.
A number of analysts have recently weighed in on GWW shares. Analysts at Zacks reiterated a “neutral” rating on shares of W.W. Grainger in a research note to investors on Friday, November 22nd. They now have a $268.00 price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of W.W. Grainger from $280.00 to $310.00 in a research note to investors on Friday, November 15th. They now have an “outperform” rating on the stock. Finally, analysts at Raymond James downgraded shares of W.W. Grainger from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, November 15th. They now have a $268.00 price target on the stock. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $258.21.
W.W. Grainger, Inc(NYSE:GWW) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services used by businesses and institutions primarily in the United States and Canada .
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