Today, the Sr VP & President – RS&I Group of Snap-on, Thomas J. Ward, exercised options of Snap-on (NYSE: SNA) for $6.44M.
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Based on Snap-on’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.02 billion and quarterly net profit of $163 million. In comparison, last year the company earned revenue of $964 million and had a net profit of $142 million. SNA’s market cap is $8.67B and the company has a P/E ratio of 15.4. Currently, Snap-on has an average volume of 304K.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $187.60, reflecting a -17.2% downside.
Thomas J. Ward’s trades have generated a -18.5% 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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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.
