Stanley Black & Decker, Inc. (SWK): Ben S Sihota , SVP, Corp Initiatives of Stanley Black & Decker, Inc. sold 4,375 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $114.70 per share for a total value of $501,812.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Ben S Sihota (SVP, Corp Initiatives) sold 625 shares at $114.30 per share price.On May 13, 2016, Craig A Douglas (V.P. and Treasurer) sold 5,000 shares at $113.72 per share price.Also, On May 10, 2016, Michael David Hankin (director) purchased 450 shares at $112.18 per share price.On May 2, 2016, James J Cannon (President, Security NA & EM) sold 2,413 shares at $112.36 per share price.
Shares of Stanley Black & Decker (SWK) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.26 points or -0.23% at $114.21 with 8,62,056 shares getting traded. Post opening the session at $114.7, the shares hit an intraday low of $114 and an intraday high of $115.15 and the price vacillated in this range throughout the day. The company has a market cap of $17,145 M and the number of outstanding shares has been calculated to be 15,01,16,620 shares. The 52-week high of Stanley Black & Decker is $114.7 and the 52-week low is $88.72.
On Apr 20, 2016, Stanley Black & Decker announced a cash dividend of $0.5500. The company’s management has announced May 27, 2016 as the ex-dividend date and fixed the record date on Jun 1, 2016. The payable date has been fixed on Jun 21, 2016.
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.