Briggs & Stratton Corp. VP David G. Debaets Sells 5,233 Shares (BGG)
Briggs & Stratton Corp. (NYSE:BGG) VP David G. Debaets sold 5,233 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $22.30, for a total transaction of $116,695.90. Following the sale, the vice president now directly owns 28,466 shares of the company’s stock, valued at approximately $634,792. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Briggs & Stratton Corp. (NYSE:BGG) opened at 22.27 on Thursday. Briggs & Stratton Corp. has a one year low of $18.21 and a one year high of $25.35. The stock’s 50-day moving average is $21.38 and its 200-day moving average is $20.14. The company’s market cap is $1.047 billion.
Briggs & Stratton Corp. (NYSE:BGG) last released its earnings data on Thursday, January 23rd. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.09 by $0.04. The company had revenue of $416.60 million for the quarter, compared to the consensus estimate of $439.97 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was down 5.1% on a year-over-year basis. Analysts expect that Briggs & Stratton Corp. will post $1.08 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Wednesday, March 12th.
Briggs & Stratton Corporation (NYSE:BGG) is a producer of air cooled gasoline engines for outdoor power equipment.
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