A Director at Fluor Corp (NYSE: FLR) is Buying Shares


Today, a Director at Fluor Corp (NYSE: FLR), Peter Fluor, bought shares of FLR for $2.23M.

This recent transaction increases Peter Fluor’s holding in the company by 54.87% to a total of $6.4 million. This is Fluor’s first Buy trade following 12 Sell transactions.

See today’s analyst top recommended stocks >>

FLR’s market cap is $6.28B and the company has a P/E ratio of 55.84. Currently, Fluor Corp has an average volume of 1.91M.

24 different firms, including B.Riley FBR and Barclays, currently also have a Buy rating on the stock. Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $60.09, reflecting a -23.4% downside.

The insider sentiment on Fluor Corp has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fluor Corp. is a holding company engages in engineering and technology. It operates through the following segments: Energy, Chemicals & Mining, Industrial, Infrastructure & Power, Government and Diversified Services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts