The VP, Global Water Systems Engin of Franklin Electric Co (FELE) is Selling Shares


Today, the VP, Global Water Systems Engin of Franklin Electric Co (NASDAQ: FELE), Steven William Aikman, sold shares of FELE for $138K.

Following Steven William Aikman’s last FELE Sell transaction on November 14, 2016, the stock climbed by 4.7%. In addition to Steven William Aikman, 2 other FELE executives reported Sell trades in the last month.

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Based on Franklin Electric Co’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $296 million and quarterly net profit of $20.97 million. In comparison, last year the company earned revenue of $220 million and had a net profit of $15.53 million. FELE’s market cap is $2.14B and the company has a P/E ratio of 25.79. Currently, Franklin Electric Co has an average volume of 125.7K.

The insider sentiment on Franklin Electric Co 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.

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Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. It operates through the following business segments: Water Systems, Fueling Systems and Distribution.

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