Stanley Black & Decker, Inc. (SWK): James M Loree , President, CEO of Stanley Black & Decker, Inc. sold 50,140 shares on Jan 28, 2011. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $74.34 per share for a total value of $3,804,334.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 24, 2017, Joseph R Voelker (SVP, Human Resources) sold 3,911 shares at $126.70 per share price.On Feb 24, 2017, Ben S Sihota (SVP, Corp Initiatives) sold 2,561 shares at $127.57 per share price.Also, On Feb 24, 2017, James J Cannon (President, Security NA & EM) sold 7,473 shares at $113.20 per share price.On Jan 31, 2017, Bruce H Beatt (Sr. VP, Gen. Counsel & Sec’y) sold 3,750 shares at $124.81 per share price.
Stanley Black & Decker: On Wednesday, Feb 22, 2017 heightened volatility was witnessed in Stanley Black & Decker which led to swings in the share price. The shares opened for trading at $126.76 and hit $127.71 on the upside , eventually ending the session at $127.29, with a gain of 0.03% or 0.04 points. The heightened volatility saw the trading volume jump to 6,74,863 shares. The 52-week high of the share price is $128.77 and the company has a market cap of $19,422 M . The 52-week low of the share price is at $92.66.
Company has been under the radar of several Street Analysts.Stanley Black & Decker is Initiated by Barclays to Overweight and the brokerage firm has set the Price Target at $140. The Rating was issued on Jan 30, 2017.Stanley Black & Decker is Downgraded by CLSA to Outperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Dec 13, 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.