Werner Enterprises VP James A. Mullen Unloads 4,397 Shares (WERN)
Werner Enterprises (NASDAQ:WERN) VP James A. Mullen sold 4,397 shares of Werner Enterprises stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $25.56, for a total value of $112,387.32. Following the completion of the transaction, the vice president now directly owns 35,783 shares of the company’s stock, valued at approximately $914,613. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Werner Enterprises (NASDAQ:WERN) traded up 1.87% during mid-day trading on Monday, hitting $25.60. 458,838 shares of the company’s stock traded hands. Werner Enterprises has a one year low of $22.61 and a one year high of $26.87. The stock’s 50-day moving average is $25.39 and its 200-day moving average is $24.9. The company has a market cap of $1.849 billion and a P/E ratio of 22.02.
Werner Enterprises (NASDAQ:WERN) last issued its quarterly earnings data on Monday, April 21st. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.01. The company had revenue of $492.02 million for the quarter, compared to the consensus estimate of $500.27 million. During the same quarter last year, the company posted $0.24 earnings per share. Werner Enterprises’s revenue was down .2% compared to the same quarter last year. On average, analysts predict that Werner Enterprises will post $1.28 earnings per share for the current fiscal year.
Separately, analysts at Robert W. Baird raised their price target on shares of Werner Enterprises from $27.00 to $28.00 in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $25.53.
Werner Enterprises, Inc is a transportation and logistics company engaged primarily in hauling truckload shipments of general commodities in both interstate and intrastate commerce.
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