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Cameron International (NYSE:CAM) General Counsel William C. Lemmer sold 18,039 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $74.50, for a total value of $1,343,905.50. Following the transaction, the general counsel now directly owns 61,187 shares of the company’s stock, valued at approximately $4,558,432. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

CAM has been the subject of a number of recent research reports. Analysts at Morgan Stanley raised their price target on shares of Cameron International from $75.00 to $80.00 in a research note on Monday, July 28th. Separately, analysts at Howard Weil raised their price target on shares of Cameron International from $70.00 to $81.00 in a research note on Monday, July 28th. They now have a “sector outperform” rating on the stock. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of Cameron International in a research note on Friday, July 25th. They now have a $87.00 price target on the stock, up previously from $83.00. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Cameron International has an average rating of “Buy” and a consensus target price of $78.30.

Shares of Cameron International (NYSE:CAM) traded down 0.75% during mid-day trading on Tuesday, hitting $73.77. The stock had a trading volume of 1,906,347 shares. Cameron International has a 52 week low of $52.50 and a 52 week high of $74.53. The stock has a 50-day moving average of $71.65 and a 200-day moving average of $65.94. The company has a market cap of $14.968 billion and a price-to-earnings ratio of 22.52.

Cameron International (NYSE:CAM) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.13. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis. On average, analysts predict that Cameron International will post $4.15 earnings per share for the current fiscal year.

Cameron International Corporation provides flow equipment products, systems and services to worldwide oil, gas and process industries.

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