The Exec VP, Human Resources of Westinghouse Air (WAB) is Selling Shares


Today, the Exec VP, Human Resources of Westinghouse Air (NYSE: WAB), Scott Wahlstrom, sold shares of WAB for $877.1K.

Following Scott Wahlstrom’s last WAB Sell transaction on March 02, 2017, the stock climbed by 17.9%. In addition to Scott Wahlstrom, 4 other WAB executives reported Sell trades in the last month.

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Based on Westinghouse Air’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.06 billion and quarterly net profit of $88.1 million. In comparison, last year the company earned revenue of $916 million and had a net profit of $73.67 million. WAB’s market cap is $9.37B and the company has a P/E ratio of 33.87. Currently, Westinghouse Air has an average volume of 707.6K.

Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $106.14, reflecting a -8.7% downside.

In the last 30 days, insiders have sold $1.89M worth of WAB shares and purchased $251.3K worth of WAB shares. The insider sentiment on Westinghouse Air has been neutral according to 56 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Scott Wahlstrom’s trades have generated a -28.1% 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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Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit.

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