Today, a Director at Franklin Electric Co (FELE), Thomas Verhage, sold shares of FELE for $110.4K.
Following Thomas Verhage’s last FELE Sell transaction on May 10, 2012, the stock climbed by 31.7%. This is Verhage’s first transaction since reporting a Buy transaction on HTCH back in February 2015
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Based on Franklin Electric Co’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $317 million and quarterly net profit of $24.2 million. In comparison, last year the company earned revenue of $288 million and had a net profit of $7.97 million. FELE’s market cap is $2.56B and the company has a P/E ratio of 24.54. Currently, Franklin Electric Co has an average volume of 44.76K.
The insider sentiment on Franklin Electric Co has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. It operates through the following business segments: Water Systems, Fueling Systems and Distribution.
