Stanley Black & Decker, Inc. (SWK): John F Lundgren , Chairman & CEO of Stanley Black & Decker, Inc. sold 105,000 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $110.00 per share for a total value of $1155 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 20, 2016, Lee B Mcchesney (CFO,GT&S and Pres.,Ind Vert) sold 1,341 shares at $109.90 per share price.On Apr 20, 2016, Jeffrey D Ansell (SVP & Group Executive-GTS) sold 11,029 shares at $109.90 per share price.Also, On Mar 8, 2016, Joseph R Voelker (SVP, Human Resources) sold 2,554 shares at $98.70 per share price.On Mar 7, 2016, Michael A. Bartone (V.P. Corporate Tax) sold 2,762 shares at $98.10 per share price.
Stanley Black & Decker: On Wednesday, Apr 20, 2016 heightened volatility was witnessed in Stanley Black & Decker which led to swings in the share price. The shares opened for trading at $109.9 and hit $113.16 on the upside , eventually ending the session at $112.27, with a gain of 3.74% or 4.05 points. The heightened volatility saw the trading volume jump to 31,49,225 shares. The 52-week high of the share price is $113.16 and the company has a market cap of $17,103 M . The 52-week low of the share price is at $88.72.
Company has been under the radar of several Street Analysts.Stanley Black & Decker is Reiterated by Imperial Capital to In-line and the brokerage firm has raised the Price Target to $ 107 from a previous price target of $103 .The Rating was issued on Apr 22, 2016.Stanley Black & Decker is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $120 .The Rating was issued on Apr 21, 2016.
Stanley Black & Decker Inc. is a global provider of power and hand tools products and services. The Company provides products and services for various industrial applications mechanical access solutions (automatic doors and commercial locking systems) and electronic security and monitoring systems. The Company’s operating segments include: Construction & Do-It-Yourself (CDIY) Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group which includes outdoor products; the Hand Tools & Storage business and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR) Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.