Pall Corp. CTO Michael Egholm Sells 2,577 Shares (PLL)
Pall Corp. (NYSE:PLL) CTO Michael Egholm sold 2,577 shares of the stock on the open market in a transaction dated Monday, July 14th. The stock was sold at an average price of $82.03, for a total transaction of $211,391.31. Following the completion of the sale, the chief technology officer now directly owns 1,468 shares in the company, valued at approximately $120,420. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Pall Corp. (NYSE:PLL) traded up 0.21% on Wednesday, hitting $81.92. 495,604 shares of the company’s stock traded hands. Pall Corp. has a 1-year low of $68.43 and a 1-year high of $91.83. The stock has a 50-day moving average of $84.91 and a 200-day moving average of $85.01. The company has a market cap of $8.985 billion and a price-to-earnings ratio of 27.95.
Pall Corp. (NYSE:PLL) last released its earnings data on Thursday, May 29th. The company reported $0.81 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.83 by $0.02. The company had revenue of $682.45 million for the quarter, compared to the consensus estimate of $679.81 million. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts predict that Pall Corp. will post $3.39 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Pall Corp. in a research note on Tuesday, June 3rd. They now have a $83.00 price target on the stock, up previously from $80.00. Analysts at Zacks reiterated a “neutral” rating on shares of Pall Corp. in a research note on Friday, May 30th. They now have a $90.00 price target 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 company has an average rating of “Hold” and a consensus price target of $87.00.
Pall Corporation is a filtration, separation and purification company. The Company is a supplier of filtration, separation and purification technologies, principally made by the Company using its engineering capability and fluid management, filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
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