Whirlpool Corp /de/ (WHR): David T Szczupak , EXECUTIVE VICE PRESIDENT of Whirlpool Corp /de/ sold 11,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $177.12 per share for a total value of $1,948,263.88 , 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 4, 2016, Marc R Bitzer (PRES & CHIEF OPERATING OFFICER) sold 4,257 shares at $175.00 per share price.On Feb 19, 2016, Diane M. Dietz (director) purchased 1,000 shares at $139.62 per share price.Also, On Nov 10, 2015, William D Perez (director) purchased 1,000 shares at $154.17 per share price.On Feb 27, 2015, Esther F Berrozpe (EXECUTIVE VICE PRESIDENT) sold 1,796 shares at $212.42 per share price.
Whirlpool Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in Whirlpool Corporation which led to swings in the share price. The shares opened for trading at $176.36 and hit $178.32 on the upside , eventually ending the session at $177.28, with a gain of 1.25% or 2.19 points. The heightened volatility saw the trading volume jump to 7,26,823 shares. The 52-week high of the share price is $193.59 and the company has a market cap of $13,467 M . The 52-week low of the share price is at $123.6.
Company has been under the radar of several Street Analysts.Whirlpool Corporation is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 204 from a previous price target of $175 .The Rating was issued on Apr 1, 2016.
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names such as Whirlpool KitchenAid Maytag Consul Brastemp Amana Bauknecht Jenn-Air and Indesit. The Company’s reportable segments consist of North America Latin America EMEA (Europe Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances refrigerators and freezers cooking appliances dishwashers mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.