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MSC Industrial Direct Co (NYSE:MSM) VP Christopher Davanzo sold 2,105 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $89.42, for a total transaction of $188,229.10. Following the completion of the transaction, the vice president now directly owns 6,843 shares in the company, valued at approximately $611,901. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of MSC Industrial Direct Co (NYSE:MSM) traded down 0.18% during mid-day trading on Friday, hitting $89.66. 27,686 shares of the company’s stock traded hands. MSC Industrial Direct Co has a one year low of $74.87 and a one year high of $96.62. The stock has a 50-day moving average of $88.54 and a 200-day moving average of $88.74. The company has a market cap of $5.596 billion and a P/E ratio of 24.68.

MSC Industrial Direct Co (NYSE:MSM) last issued its quarterly earnings data on Wednesday, July 9th. The company reported $1.06 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.06. The company had revenue of $720.50 million for the quarter, compared to the consensus estimate of $727.35 million. During the same quarter last year, the company posted $1.05 earnings per share. MSC Industrial Direct Co’s revenue was up 13.1% compared to the same quarter last year. Analysts expect that MSC Industrial Direct Co will post $3.95 EPS for the current fiscal year.

MSM has been the subject of a number of recent research reports. Analysts at Raymond James reiterated an “outperform” rating on shares of MSC Industrial Direct Co in a research note on Thursday, July 10th. They now have a $95.00 price target on the stock, down previously from $100.00. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of MSC Industrial Direct Co in a research note on Thursday, July 10th. They now have a $89.00 price target on the stock, down previously from $90.00. Finally, analysts at Robert W. Baird reiterated a “neutral” rating on shares of MSC Industrial Direct Co in a research note on Thursday, July 10th. They now have a $96.00 price target on the stock, down previously from $98.00. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $95.38.

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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