Share on StockTwits

The Western Union Company (NYSE:WU) EVP Jean Claude Farah sold 3,975 shares of the stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $17.50, for a total transaction of $69,562.50. Following the completion of the sale, the executive vice president now directly owns 67,581 shares of the company’s stock, valued at approximately $1,182,668. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

The Western Union Company (NYSE:WU) traded up 2.49% on Friday, hitting $17.73. 9,453,814 shares of the company’s stock traded hands. The Western Union Company has a one year low of $14.60 and a one year high of $19.50. The stock’s 50-day moving average is $16.54 and its 200-day moving average is $16.31. The company has a market cap of $9.555 billion and a price-to-earnings ratio of 12.10.

The Western Union Company (NYSE:WU) last released its earnings data on Thursday, May 1st. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.02. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the company posted $0.37 earnings per share. The Western Union Company’s revenue was up 1.9% compared to the same quarter last year. On average, analysts predict that The Western Union Company will post $1.45 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of The Western Union Company in a research note on Tuesday. They set a “sell” rating and a $17.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of The Western Union Company from a “hold” rating to a “buy” rating in a research note on Wednesday, July 2nd. Finally, analysts at Monness Crespi & Hardt initiated coverage on shares of The Western Union Company in a research note on Wednesday, June 18th. They set a “neutral” rating and a $17.00 price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $18.05.

The Western Union Company (NYSE:WU) is engaged in money movement and payment services.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.