Stanley Black & Decker, Inc. (SWK): John H Wyatt , President-SEF of Stanley Black & Decker, Inc. sold 12,750 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $122.69 per share for a total value of $1,564,296.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 31, 2016, Ben S Sihota (SVP, Corp Initiatives) sold 5,000 shares at $124.54 per share price.On Aug 8, 2016, Michael A. Bartone (V.P. Corporate Tax) sold 5,387 shares at $123.25 per share price.Also, On Aug 5, 2016, Craig A Douglas (V.P. and Treasurer) sold 8,529 shares at $122.62 per share price.On Aug 2, 2016, James J Cannon (President, Security NA & EM) sold 5,776 shares at $121.40 per share price.
Stanley Black & Decker: On Monday, Sep 12, 2016 heightened volatility was witnessed in Stanley Black & Decker which led to swings in the share price. The shares opened for trading at $119.03 and hit $121.54 on the upside , eventually ending the session at $121.13, with a gain of 1.19% or 1.42 points. The heightened volatility saw the trading volume jump to 1,133,396 shares. The 52-week high of the share price is $124.73 and the company has a market cap of $18,221 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 Downgraded by Longbow to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 22, 2016.Stanley Black & Decker is Reiterated by Imperial Capital to In-line and the brokerage firm has raised the Price Target to $ 125 from a previous price target of $107 .The Rating was issued on Jul 25, 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.