Stanley Black & Decker VP Craig A. Douglas Sells 4,375 Shares (SWK)
Stanley Black & Decker (NYSE:SWK) VP Craig A. Douglas sold 4,375 shares of the company’s stock on the open market in a transaction dated Thursday, February 13th. The stock was sold at an average price of $80.66, for a total value of $352,887.50. Following the sale, the vice president now directly owns 43,261 shares of the company’s stock, valued at approximately $3,489,432. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Stanley Black & Decker (NYSE:SWK) traded up 0.22% during mid-day trading on Tuesday, hitting $81.495. The stock had a trading volume of 714,599 shares. Stanley Black & Decker has a one year low of $73.77 and a one year high of $92.76. The stock has a 50-day moving average of $79.59 and a 200-day moving average of $83.16. The company has a market cap of $12.673 billion and a price-to-earnings ratio of 26.37.
Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Friday, January 24th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.02. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts expect that Stanley Black & Decker will post $5.38 EPS for the current fiscal year.
A number of research firms have recently commented on SWK. Analysts at Zacks reiterated a “neutral” rating on shares of Stanley Black & Decker in a research note on Thursday, January 30th. They now have a $82.00 price target on the stock. Separately, analysts at KeyCorp upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $84.27.
Stanley Black & Decker Inc is a diversified global provider of power and hand tools, mechanical access solutions (NYSE:SWK), electronic security and monitoring systems and products and services for various industrial applications.
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