Today it was reported that the SVP & President, GEM & Elu of Stanley Black & Decker Inc (SWK), Jaime Ramirez, exercised options to sell 9,850 SWK shares at $72.91 a share, for a total transaction value of $1.49M.
Following Jaime Ramirez’s last SWK Sell transaction on May 23, 2019, the stock climbed by 20.2%.
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Based on Stanley Black & Decker Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $3.76 billion and quarterly net profit of $356 million. In comparison, last year the company earned revenue of $3.64 billion and had a net profit of $294 million. SWK’s market cap is $22.98B and the company has a P/E ratio of 32.21. Currently, Stanley Black & Decker Inc has an average volume of 980.5K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $159.75, reflecting a 8.2% upside.
The insider sentiment on Stanley Black & Decker Inc has been negative according to 59 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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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.
