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Weyerhaeuser (NYSE:WY) Insider Peter M. Orser sold 52,000 shares of Weyerhaeuser stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $31.30, for a total transaction of $1,627,600.00. Following the sale, the insider now directly owns 81,991 shares of the company’s stock, valued at approximately $2,566,318. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Separately, analysts at Zacks reiterated a “neutral” rating on shares of Weyerhaeuser in a research note on Friday, May 2nd. They now have a $31.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $32.83.

Shares of Weyerhaeuser (NYSE:WY) traded up 0.16% during mid-day trading on Friday, hitting $31.34. 10,570,858 shares of the company’s stock traded hands. Weyerhaeuser has a one year low of $26.38 and a one year high of $32.00. The stock’s 50-day moving average is $30.17 and its 200-day moving average is $30.01. The company has a market cap of $18.334 billion and a price-to-earnings ratio of 31.23.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.02. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Analysts expect that Weyerhaeuser will post $1.40 EPS for the current fiscal year.

Weyerhaeuser Company, formerly Weyerhaeuser Timber Company is a forest products company. The Company is engaged in growing and harvesting trees, builds homes and making a range of forest products.

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