Insider Selling: Richard J. Heckmann Unloads 10,000 Shares of Jarden Corp. Stock (JAH)
Jarden Corp. (NYSE:JAH) Director Richard J. Heckmann unloaded 10,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $55.29, for a total transaction of $552,900.00. Following the transaction, the director now directly owns 90,920 shares of the company’s stock, valued at approximately $5,026,967. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on JAH. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Jarden Corp. in a research note on Wednesday, July 30th. They now have a $69.00 price target on the stock, up previously from $67.00. Eight equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of $69.13.
Jarden Corp. (NYSE:JAH) traded up 1.51% on Friday, hitting $56.35. The stock had a trading volume of 583,350 shares. Jarden Corp. has a one year low of $42.88 and a one year high of $64.01. The stock has a 50-day moving average of $57.90 and a 200-day moving average of $58.52. The company has a market cap of $7.224 billion and a P/E ratio of 36.47.
Jarden Corp. (NYSE:JAH) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.89 by $0.02. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. On average, analysts predict that Jarden Corp. will post $3.94 earnings per share for the current fiscal year.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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