Today it was reported that the President of Graco (GGG), Jeffrey P. Johnson, exercised options to sell 54,000 GGG shares at $14.24 a share, for a total transaction value of $2.55M.
In addition to Jeffrey P. Johnson, 6 other GGG executives reported Sell trades in the last month. Following Jeffrey P. Johnson’s last GGG Sell transaction on May 22, 2018, the stock climbed by 1.0%.
See today’s analyst top recommended stocks >>
Based on Graco’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $406 million and quarterly net profit of $73.72 million. In comparison, last year the company earned revenue of $375 million and had a net profit of $36.39 million. GGG’s market cap is $7.8B and the company has a P/E ratio of 23.94. Currently, Graco has an average volume of 303.6K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $45.00, reflecting a -4.7% downside.
The insider sentiment on Graco has been negative according to 25 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.
Graco, Inc. is a manufacturing company, which designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. It operates through the following segments: Industrial, Contractor and Process.
