Insider Heat: What after Robert Weber’s Insider Sale of Woodward Inc (NASDAQ:WWD) Stock?

November 29, 2016 - By Hazel Jackson

Insider Heat: What after Robert Weber's Insider Sale of Woodward Inc (NASDAQ:WWD) Stock?

Robert Weber Insider Sell

The CFO & Treasurer of Woodward Inc, Robert Weber has made a sudden sale in the company that is amounting to $114,288 U.S Dollars. As discovered in the SEC public document filed on November 29, 2016, Robert unloaded 1,692 shares based on an average stock price per share of $67.5. In the last month, he also unloaded 17,308 shares with a total value $1,155,917 USD. The prospect that the trade remains unnoticed are nil owing to the large amount of cash involved. Today, Robert Weber owns 29,680 shares which make up around 0.05% of the company’s market capitalization.

Woodward Inc (NASDAQ:WWD) Ratings Coverage

Out of 4 analysts covering Woodward Governor (NASDAQ:WWD), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $70 is the highest target while $45 is the lowest. The $55 average target is -18.37% below today’s ($67.38) stock price. Woodward Governor has been the topic of 8 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was initiated by Barrington Research with “Mkt Perform” on Friday, September 16. Cowen & Co initiated the shares of WWD in a report on Monday, September 14 with “Market Perform” rating. Maxim Group maintained it with “Buy” rating and $70 target price in Friday, July 15 report. The firm has “Buy” rating given on Wednesday, November 11 by Maxim Group.

Insitutional Activity: The institutional sentiment increased to 0.89 in 2016 Q2. Its up 0.01, from 0.88 in 2016Q1. The ratio improved, as 16 funds sold all Woodward Inc shares owned while 96 reduced positions. 34 funds bought stakes while 64 increased positions. They now own 45.92 million shares or 0.80% less from 46.29 million shares in 2016Q1.

Tci Wealth has 0.61% invested in the company for 19,134 shares. Boston Prtn, a Massachusetts-based fund reported 42,500 shares. Raymond James Associates accumulated 0% or 7,636 shares. Panagora Asset holds 2,401 shares or 0% of its portfolio. Ls Inv Advisors Ltd Com has 11,055 shares for 0.04% of their US portfolio. First Allied Advisory Services Inc has 0.02% invested in the company for 5,646 shares. Black Creek Management last reported 255,400 shares in the company. The Minnesota-based Advantus Mgmt has invested 0.01% in Woodward Inc (NASDAQ:WWD). Vulcan Value Prtn Limited Liability Com has 1.50M shares for 0.85% of their US portfolio. Jpmorgan Chase & Company accumulated 1,983 shares or 0% of the stock. Stifel Finance Corp accumulated 128,354 shares or 0.03% of the stock. Moreover, Nicholas Prtnrs Ltd Partnership has 0.41% invested in Woodward Inc (NASDAQ:WWD) for 103,030 shares. Great West Life Assurance Com Can holds 0% of its portfolio in Woodward Inc (NASDAQ:WWD) for 5,179 shares. Employees Retirement Association Of Colorado last reported 11,978 shares in the company. Swiss Bankshares accumulated 0.01% or 92,600 shares.

Insider Transactions: Since July 28, 2016, the stock had 0 buys, and 5 selling transactions for $2.85 million net activity. $1.16M worth of Woodward Inc (NASDAQ:WWD) was sold by Weber Robert F Jr. Fawzy Christopher sold $355,801 worth of stock or 6,000 shares. 5,700 shares were sold by Rittenberg Larry E, worth $382,898 on Friday, November 18. Preiss Chad Robert had sold 7,000 shares worth $472,046 on Thursday, November 17. Shares for $479,993 were sold by PETROVICH MARY L.

The stock increased 0.13% or $0.09 during the last trading session, hitting $67.38. About 447,357 shares traded hands or 25.87% up from the average. Woodward Inc (NASDAQ:WWD) has risen 22.55% since April 26, 2016 and is uptrending. It has outperformed by 17.29% the S&P500.

Woodward, Inc. is an independent designer, maker and service well-known provider of energy control and optimization solutions. The company has a market cap of $4.11 billion. The Firm designs, produces and services energy control products for various applications. It has a 23.58 P/E ratio. The Company’s divisions include Aerospace and Industrial.

According to Zacks Investment Research, “Woodward Inc. operates as a designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment serving the aerospace, power generation and distribution, and transportation markets. The Company has four operating business segments – Turbine Systems, Airframe Systems, Electrical Power Systems, and Engine Systems. The products offered by the Company include solution for the Aircraft Turbine Systems, Industrial Gas Turbine Control, Steam Turbine Control, Industrial Gas Engine Control, Industrial Diesel Engine Control, Power Conversion, Power Distribution, Power Generation. Its customer base comprises original equipment manufacturers and end users of their products. Woodward Inc., formerly known as Woodward Governor Company is headquartered in Fort Collins, Colorado.”

Analysts await Woodward Inc (NASDAQ:WWD) to report earnings on January, 17. They expect $0.51 earnings per share, down 8.93% or $0.05 from last year’s $0.56 per share. WWD’s profit will be $31.11M for 33.03 P/E if the $0.51 EPS becomes a reality. After $0.99 actual earnings per share reported by Woodward Inc for the previous quarter, Wall Street now forecasts -48.48% negative EPS growth.

Another recent and important Woodward Inc (NASDAQ:WWD) news was published by Reuters.com which published an article titled: “BRIEF-Woodward Inc reports Q4 earnings per share $0.99” on November 14, 2016.

WWD Company Profile

Woodward, Inc., incorporated on November 18, 1976, is a designer, manufacturer, and service well-known provider of energy controls and optimization solutions. The Firm has production and assembly facilities in the United States, Europe and Asia, and promotes its services and products through its worldwide locations. The Company’s is engaged in providing energy control and optimization solutions for the aerospace and energy markets. The Firm focuses primarily on original equipment manufacturers (OEMs) and equipment packagers, partnering with them to bring component and system solutions to their demanding applications. The Firm operates in two divisions: Aerospace and Energy. The Firm also provides aftermarket repair, replacement and other service support for its installed products.

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