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MSC Industrial Direct Co (NYSE:MSM) Director Mitchell Jacobson sold 5,000 shares of the stock on the open market in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $91.62, for a total value of $458,100.00. Following the sale, the director now directly owns 75,443 shares of the company’s stock, valued at approximately $6,912,088. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of MSC Industrial Direct Co (NYSE:MSM) traded down 1.11% on Thursday, hitting $89.08. The stock had a trading volume of 487,181 shares. MSC Industrial Direct Co has a 52 week low of $74.87 and a 52 week high of $93.02. The stock’s 50-day moving average is $88.48 and its 200-day moving average is $83.80. The company has a market cap of $5.552 billion and a price-to-earnings ratio of 25.10.

MSC Industrial Direct Co (NYSE:MSM) last issued its quarterly earnings data on Wednesday, April 9th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $661.50 million for the quarter, compared to the consensus estimate of $665.99 million. During the same quarter in the previous year, the company posted $0.90 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Analysts expect that MSC Industrial Direct Co will post $3.99 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of MSC Industrial Direct Co in a research note on Friday, April 11th. They now have a $97.00 price target on the stock, up previously from $90.00. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of MSC Industrial Direct Co in a research note on Friday, April 11th. They now have a $90.00 price target on the stock, up previously from $85.00. Finally, analysts at Wunderlich raised their price target on shares of MSC Industrial Direct Co from $95.00 to $106.00 in a research note on Thursday, April 10th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $92.43.

MSC Industrial Direct Co, Inc (NYSE:MSM) is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States.

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