Today it was reported that the Sr VP – Finance & CFO of Snap-on (NYSE: SNA), Aldo John Pagliari, exercised options to sell 6,480 SNA shares at $29.69 a share, for a total transaction value of $1.15M.
Following Aldo John Pagliari’s last SNA Sell transaction on March 02, 2017, the stock climbed by 10.5%.
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Based on Snap-on’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.04 billion and quarterly net profit of $179 million. In comparison, last year the company earned revenue of $999 million and had a net profit of $153 million. SNA’s market cap is $10.01B and the company has a P/E ratio of 16.94. Currently, Snap-on has an average volume of 366.1K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $201.75, reflecting a 14.2% upside.
The insider sentiment on Snap-on has been negative according to 48 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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Snap-On, Inc. engages in the manufacture and marketing of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks. It operates through following segments: Commercial and Industrial Group; Snap-On Tools Group; Repair Systems and Information Group; and Financial Services.
