Wabco Holdings Inc. (NYSE:WBC) Chairman Jacques Esculier sold 172,394 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $151.24, for a total transaction of $26,072,868.56. Following the transaction, the chairman now directly owns 312,079 shares of the company’s stock, valued at approximately $47,198,827.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Wabco Holdings Inc. (NYSE:WBC) traded up 1.79% during midday trading on Wednesday, hitting $152.09. 644,274 shares of the stock were exchanged. The firm has a market cap of $8.16 billion, a PE ratio of 25.37 and a beta of 1.65. Wabco Holdings Inc. has a 52-week low of $96.10 and a 52-week high of $155.94. The firm’s 50-day moving average is $147.53 and its 200 day moving average is $132.30.

Wabco Holdings (NYSE:WBC) last posted its earnings results on Thursday, October 19th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.18. The firm had revenue of $827.80 million during the quarter, compared to the consensus estimate of $756.57 million. Wabco Holdings had a return on equity of 38.93% and a net margin of 9.75%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 EPS. On average, analysts forecast that Wabco Holdings Inc. will post $6.64 earnings per share for the current year.

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WBC has been the subject of several recent analyst reports. BidaskClub raised shares of Wabco Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. BMO Capital Markets reaffirmed a “hold” rating and set a $115.00 price objective on shares of Wabco Holdings in a research note on Friday, July 7th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $127.00 price objective on shares of Wabco Holdings in a research note on Friday, July 7th. Zacks Investment Research cut shares of Wabco Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $147.00 price objective on shares of Wabco Holdings in a research note on Wednesday, July 19th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $159.80.

Several hedge funds and other institutional investors have recently bought and sold shares of WBC. Comerica Bank boosted its position in shares of Wabco Holdings by 9.0% during the 1st quarter. Comerica Bank now owns 3,917 shares of the auto parts company’s stock valued at $466,000 after acquiring an additional 325 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Wabco Holdings by 36.5% during the 1st quarter. Ameriprise Financial Inc. now owns 25,954 shares of the auto parts company’s stock valued at $3,048,000 after acquiring an additional 6,934 shares during the last quarter. FMR LLC boosted its position in shares of Wabco Holdings by 45.7% during the 1st quarter. FMR LLC now owns 617,409 shares of the auto parts company’s stock valued at $72,497,000 after acquiring an additional 193,687 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Wabco Holdings by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 4,104,594 shares of the auto parts company’s stock valued at $481,960,000 after acquiring an additional 99,639 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Wabco Holdings by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 238,664 shares of the auto parts company’s stock valued at $28,023,000 after acquiring an additional 1,861 shares during the last quarter. Hedge funds and other institutional investors own 97.47% of the company’s stock.

About Wabco Holdings

WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.

Insider Buying and Selling by Quarter for Wabco Holdings (NYSE:WBC)

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