WD-40 Company (NASDAQ:WDFC) VP Jay Rembolt sold 582 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $110.00, for a total value of $64,020.00. Following the transaction, the vice president now directly owns 37,632 shares in the company, valued at $4,139,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jay Rembolt also recently made the following trade(s):

  • On Monday, June 19th, Jay Rembolt sold 615 shares of WD-40 stock. The shares were sold at an average price of $112.00, for a total value of $68,880.00.

Shares of WD-40 Company (NASDAQ WDFC) opened at 111.05 on Monday. WD-40 Company has a 52 week low of $100.60 and a 52 week high of $119.90. The company has a 50-day moving average price of $106.88 and a 200 day moving average price of $107.39. The stock has a market capitalization of $1.56 billion, a PE ratio of 30.01 and a beta of 0.73.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Monday, July 10th. The specialty chemicals company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.91 by $0.11. The company had revenue of $98.20 million for the quarter, compared to the consensus estimate of $99.09 million. WD-40 had a return on equity of 39.64% and a net margin of 13.85%. WD-40’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the business posted $0.88 EPS. Equities analysts forecast that WD-40 Company will post $3.68 EPS for the current fiscal year.

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Several equities analysts have recently issued reports on WDFC shares. Zacks Investment Research cut WD-40 from a “buy” rating to a “hold” rating in a research note on Friday, May 26th. BidaskClub raised WD-40 from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, FBR & Co reaffirmed a “marketperform” rating on shares of WD-40 in a research note on Tuesday, July 11th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $111.75.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Glen Harbor Capital Management LLC increased its holdings in WD-40 by 2.4% during the 1st quarter. Glen Harbor Capital Management LLC now owns 946 shares of the specialty chemicals company’s stock worth $103,000 after purchasing an additional 22 shares during the period. Riverhead Capital Management LLC increased its holdings in WD-40 by 45.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,166 shares of the specialty chemicals company’s stock worth $129,000 after purchasing an additional 366 shares during the period. Elkfork Partners LLC increased its holdings in WD-40 by 2.4% during the 1st quarter. Elkfork Partners LLC now owns 1,204 shares of the specialty chemicals company’s stock worth $131,000 after purchasing an additional 28 shares during the period. Ameritas Investment Partners Inc. purchased a new position in WD-40 during the 1st quarter worth $132,000. Finally, Meadow Creek Investment Management LLC increased its holdings in WD-40 by 2.4% during the 1st quarter. Meadow Creek Investment Management LLC now owns 1,462 shares of the specialty chemicals company’s stock worth $159,000 after purchasing an additional 34 shares during the period. Institutional investors own 80.60% of the company’s stock.

About WD-40

WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company’s Americas segment includes the United States, Canada and Latin America.

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