Today, the CEO of TechnipFMC PLC (FTI), Doug Pferdehirt, bought shares of FTI for $960K.
This recent transaction increases Doug Pferdehirt’s holding in the company by 8.99% to a total of $11.99 million.
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FTI’s market cap is $8.96B and the company has a P/E ratio of 49.33. Currently, TechnipFMC PLC has an average volume of 3.26M.
Based on 13 analyst ratings, the analyst consensus is Strong Buy with an average price target of $32.71, reflecting a 65.0% upside. 12 different firms, including BMO Capital and Cowen & Co., currently also have a Buy rating on the stock.
Doug Pferdehirt’s trades have generated a 2.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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TechnipFMC Plc engages in the provision of solutions for the production and transformation of oil and gas. It operates through the following segments: Subsea, Onshore and Offshore, Surface Technologies, and Corporate.
