WD-40 Co. (NASDAQ:WDFC) Director Mario L. Crivello sold 400 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $119.57, for a total transaction of $47,828.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
A number of analysts recently weighed in on the stock. B. Riley reissued a “neutral” rating and issued a $106.00 price objective on shares of WD-40 in a research report on Monday, July 11th. Zacks Investment Research lowered shares of WD-40 from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. Finally, Wunderlich increased their price objective on shares of WD-40 from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, April 8th.
Other institutional investors recently made changes to their positions in the company. First Trust Advisors LP increased its position in shares of WD-40 by 70.5% in the fourth quarter. First Trust Advisors LP now owns 13,051 shares of the company’s stock worth $1,287,000 after buying an additional 5,398 shares in the last quarter. California State Teachers Retirement System increased its position in shares of WD-40 by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 27,005 shares of the company’s stock worth $2,664,000 after buying an additional 400 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of WD-40 by 1.8% in the fourth quarter. Rhumbline Advisers now owns 28,134 shares of the company’s stock worth $2,775,000 after buying an additional 500 shares in the last quarter.
WD-40 Co. (NASDAQ:WDFC) traded down 0.70% during mid-day trading on Tuesday, reaching $115.62. 80,691 shares of the company were exchanged. WD-40 Co. has a 1-year low of $80.86 and a 1-year high of $125.00. The company has a 50 day moving average of $116.57 and a 200-day moving average of $107.88. The company has a market capitalization of $1.65 billion and a price-to-earnings ratio of 33.51.
WD-40 (NASDAQ:WDFC) last announced its quarterly earnings results on Thursday, July 7th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.02. During the same period in the previous year, the company earned $0.75 EPS. The company earned $96.40 million during the quarter. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. On average, equities research analysts forecast that WD-40 Co. will post $3.46 EPS for the current year.
WD-40 Company, is a global consumer Products Company. As of August 31, 2012, the Company’s products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand.
