The Sr VP & Chief Tech. Officer of Rockwell Automation Inc is Exercising Options


Today, the Sr VP & Chief Tech. Officer of Rockwell Automation Inc, Sujeet Chand, exercised options of Rockwell Automation Inc (NYSE: ROK) for $894.1K.

Following Sujeet Chand’s last ROK Sell transaction on June 01, 2017, the stock climbed by 25.6%.

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Based on Rockwell Automation Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.65 billion and quarterly net profit of $227 million. In comparison, last year the company earned revenue of $1.56 billion and had a net profit of $189 million. ROK’s market cap is $22.9B and the company has a P/E ratio of 57.94. Currently, Rockwell Automation Inc has an average volume of 758.1K.

Eight different firms, including Barclays and Berenberg Bank, currently also have a Sell rating on the stock. Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $180.20, reflecting a 1.9% upside.

The insider sentiment on Rockwell Automation Inc has been negative according to 92 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sujeet Chand’s trades have generated a -17.5% 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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Rockwell Automation, Inc. engages in the provision of industrial automation and information. It operates through the Architecture and Software, and Control Products and Solutions segments.

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