The President of Woodward is Exercising Options


Today, the President of Woodward, Chad Robert Preiss, exercised options of Woodward (NASDAQ: WWD) for $533.5K.

Following Chad Robert Preiss’ last WWD Sell transaction on February 08, 2017, the stock climbed by 7.8%. In addition to Chad Robert Preiss, 5 other WWD executives reported Sell trades in the last month.

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Based on Woodward’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $548 million and quarterly net profit of $38.49 million. In comparison, last year the company earned revenue of $500 million and had a net profit of $38.11 million. WWD’s market cap is $4.69B and the company has a P/E ratio of 28.04. Currently, Woodward has an average volume of 205.5K.

Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $80.20, reflecting a -6.3% downside.

In the last 30 days, insiders have sold $6.15M worth of WWD shares and purchased $70.95K worth of WWD shares. The insider sentiment on Woodward has been negative according to 12 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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Woodward, Inc. engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segments. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.

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