World Fuel Services Corporation (NYSE:INT) SVP Carlos M. Velazquez sold 6,850 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $33.74, for a total value of $231,119.00. Following the completion of the sale, the senior vice president now directly owns 16,946 shares in the company, valued at approximately $571,758.04. The sale was disclosed in a legal filing with the SEC, which is available through this link.

World Fuel Services Corporation (NYSE:INT) traded up 0.45% during trading on Monday, reaching $33.79. The company’s stock had a trading volume of 334,995 shares. The company’s 50 day moving average price is $36.96 and its 200-day moving average price is $37.42. World Fuel Services Corporation has a 1-year low of $32.28 and a 1-year high of $47.49. The stock has a market cap of $2.31 billion, a P/E ratio of 22.13 and a beta of 0.93.

World Fuel Services Corporation (NYSE:INT) last posted its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $0.50 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.06. World Fuel Services Corporation had a return on equity of 5.60% and a net margin of 0.34%. The company had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.41 billion. During the same quarter last year, the business earned $0.63 EPS. World Fuel Services Corporation’s revenue was up 21.9% on a year-over-year basis. Equities analysts forecast that World Fuel Services Corporation will post $2.28 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Carlos M. Velazquez Sells 6,850 Shares of World Fuel Services Corporation (NYSE:INT) Stock” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.americanbankingnews.com/2017/08/14/carlos-m-velazquez-sells-6850-shares-of-world-fuel-services-corporation-nyseint-stock.html.

Institutional investors have recently modified their holdings of the stock. State Street Corp raised its position in shares of World Fuel Services Corporation by 9.4% in the second quarter. State Street Corp now owns 2,748,764 shares of the oil and gas company’s stock valued at $105,695,000 after buying an additional 236,408 shares during the last quarter. Gotham Asset Management LLC acquired a new position in shares of World Fuel Services Corporation during the second quarter valued at about $502,000. Cornerstone Capital Management Holdings LLC. raised its position in shares of World Fuel Services Corporation by 374.8% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 255,014 shares of the oil and gas company’s stock valued at $9,805,000 after buying an additional 201,303 shares during the last quarter. Janus Henderson Group PLC acquired a new position in shares of World Fuel Services Corporation during the second quarter valued at about $101,136,000. Finally, Shelton Capital Management acquired a new position in shares of World Fuel Services Corporation during the second quarter valued at about $205,000. Institutional investors own 91.80% of the company’s stock.

INT has been the topic of several recent analyst reports. Zacks Investment Research lowered World Fuel Services Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. BidaskClub lowered World Fuel Services Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, TheStreet lowered World Fuel Services Corporation from a “b” rating to a “c” rating in a research note on Friday, May 5th.

World Fuel Services Corporation Company Profile

World Fuel Services Corporation is engaged in providing aviation, marine and land energy, logistics and technology solutions to customers and suppliers around the world. The Company operates through three segments: Aviation, Marine and Land. In its Aviation segment, the Company offers fuel and related products and services.

Receive News & Ratings for World Fuel Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Fuel Services Corporation and related companies with MarketBeat.com's FREE daily email newsletter.