Woodward, Inc. (WWD): Thomas A Gendron , President and CEO of Woodward, Inc. sold 74,000 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $54.52 per share for a total value of $4,029,221.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 29, 2016, Robert F Jr Weber (CFO & Treasurer) sold 18,700 shares at $54.89 per share price.On Apr 29, 2016, Thomas A Gendron (President and CEO) sold 70,000 shares at $55.00 per share price.Also, On Apr 29, 2016, James D Rudolph (President, Ind. Turb. Systems) sold 16,500 shares at $54.93 per share price.On Apr 28, 2016, Chad Robert Preiss (President, Engine Systems) sold 14,500 shares at $54.85 per share price.
Woodward Inc: On Monday, May 2, 2016 heightened volatility was witnessed in Woodward Inc which led to swings in the share price. The shares opened for trading at $54.27 and hit $54.99 on the upside , eventually ending the session at $54.97, with a gain of 1.40% or 0.76 points. The heightened volatility saw the trading volume jump to 3,31,060 shares. The 52-week high of the share price is $56.83 and the company has a market cap of $3,359 M . The 52-week low of the share price is at $39.68.
Woodward Inc. is a designer manufacturer and service provider of energy controls and optimization solutions. The Company has production and assembly facilities in the United States Europe and Asia and promotes its products and services through its worldwide locations. The Company’s is engaged in providing energy control and optimization solutions for the aerospace and energy markets. The Company focuses primarily on original equipment manufacturers (OEMs) and equipment packagers partnering with them to bring component and system solutions to their demanding applications. The Company operates in two segments: Aerospace and Energy. The Company also provides aftermarket repair replacement and other service support for its installed products.