Waters Corp /de/ (WAT): Mark T Beaudouin , VP and General Counsel of Waters Corp /de/ sold 30,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $137.41 per share for a total value of $4,122,400.00 , 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 17, 2016, Michael F Silveira (VP, Corporate Controller) sold 1,409 shares at $136.02 per share price.On May 16, 2016, Elizabeth B Rae (Corporate VP of HR) sold 20,000 shares at $134.96 per share price.Also, On May 5, 2016, Christopher A Kuebler (director) sold 4,000 shares at $129.88 per share price.On Mar 15, 2016, Rohit Khanna (Sr VP, Applied Technology) sold 700 shares at $128.88 per share price.
Waters Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in Waters Corporation which led to swings in the share price. The shares opened for trading at $135.73 and hit $136.02 on the upside , eventually ending the session at $135.44, with a gain of 0.39% or 0.52 points. The heightened volatility saw the trading volume jump to 13,27,553 shares. The 52-week high of the share price is $138.915 and the company has a market cap of $10,963 M . The 52-week low of the share price is at $112.
Company has been under the radar of several Street Analysts.Waters Corporation is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $125 .The Rating was issued on Apr 27, 2016.Waters Corporation is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 5, 2016.Waters Corporation is Initiated by Barclays to Equal Weight and the brokerage firm has set the Price Target at $125. The Rating was issued on Mar 1, 2016.
Waters Corporation (Waters) is an analytical instrument manufacturer. The Company designs manufactures distributes and services instrument systems columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company has two segments: Waters Division and TA Division. The Waters Divisions products and services primarily consist of high performance liquid chromatography (HPLC) ultra performance liquid chromatography (UPLC and together with HPLC referred to as LC) mass spectrometry (MS) and chemistry consumable products and related services. TA Divisions products and services primarily consist of thermal analysis rheometry and calorimetry instrument systems and service sales. The Companys products are used by pharmaceutical life science biochemical industrial nutritional safety environmental academic and governmental customers working in research and development quality assurance and other laboratory applications.