Today it was reported that the SVP HR of Stanley Black & Decker Inc (SWK), Joseph Voelker, exercised options to sell 27,750 SWK shares at $92.08 a share, for a total transaction value of $4.08M.
Following Joseph Voelker’s last SWK Sell transaction on February 27, 2019, the stock climbed by 10.8%. In addition to Joseph Voelker, one other SWK executive reported Sell trades in the last month.
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Based on Stanley Black & Decker Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.33 billion and quarterly net profit of $170 million. In comparison, last year the company earned revenue of $3.21 billion and had a net profit of $171 million. SWK’s market cap is $22.21B and the company has a P/E ratio of 34.40. Currently, Stanley Black & Decker Inc has an average volume of 1.5M.
Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $156.38, reflecting a 5.4% upside.
The insider sentiment on Stanley Black & Decker Inc has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Joseph Voelker’s trades have generated a -20.0% 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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Stanley Black & Decker, Inc. engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil & gas and infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions.
