The VP, Corp. Contr of Waters Corp is Exercising Options


Today, the VP, Corp. Contr of Waters Corp, Michael Silveira , exercised options of Waters Corp (NYSE: WAT) for $671.7K.

Following Michael Silveira’s last WAT Sell transaction on May 12, 2017, the stock climbed by 18.1%. In addition to Michael Silveira, one other WAT executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Waters Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $531 million and quarterly net profit of $112 million. In comparison, last year the company earned revenue of $498 million and had a net profit of $106 million. WAT’s market cap is $14.92B and the company has a P/E ratio of 680.29. Currently, Waters Corp has an average volume of 187.7K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $210.00, reflecting a -9.0% downside.

The insider sentiment on Waters Corp has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Michael Silveira’s trades have generated a -21.7% 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Waters Corp. is a specialty measurement company, which engages in the analytical workflow solutions involving liquid chromatography, mass spectrometry, and thermal analysis innovations. It operates through Waters and TA segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts