World Fuel Services Corp (NYSE:INT) Director Ken Bakshi sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $43.14, for a total transaction of $431,400.00. Following the completion of the sale, the director now directly owns 53,180 shares in the company, valued at $2,294,185.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

World Fuel Services stock traded up $0.12 during trading hours on Monday, hitting $43.13. The company had a trading volume of 266,000 shares, compared to its average volume of 474,483. The firm has a market cap of $2.84 billion, a PE ratio of 20.44, a PEG ratio of 3.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.36 and a quick ratio of 1.16. World Fuel Services Corp has a one year low of $19.81 and a one year high of $44.33. The firm has a 50-day moving average of $40.57 and a 200 day moving average of $36.58.

World Fuel Services (NYSE:INT) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.08. The firm had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.91 billion. World Fuel Services had a net margin of 0.42% and a return on equity of 9.12%. The business’s revenue was down 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. As a group, research analysts expect that World Fuel Services Corp will post 2.49 earnings per share for the current year.

A number of brokerages have recently issued reports on INT. ValuEngine raised shares of World Fuel Services from a “sell” rating to a “hold” rating in a report on Thursday, October 31st. Zacks Investment Research cut shares of World Fuel Services from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. Finally, Stifel Nicolaus upped their target price on shares of World Fuel Services from $43.00 to $46.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $44.33.

A number of institutional investors have recently added to or reduced their stakes in INT. Usca Ria LLC bought a new position in World Fuel Services in the 3rd quarter valued at about $30,000. First Bank & Trust bought a new position in World Fuel Services in the 3rd quarter valued at about $56,000. Financial Gravity Wealth Inc. raised its holdings in World Fuel Services by 269.0% in the 2nd quarter. Financial Gravity Wealth Inc. now owns 1,871 shares of the oil and gas company’s stock valued at $67,000 after acquiring an additional 1,364 shares during the period. Parallel Advisors LLC bought a new position in World Fuel Services in the 3rd quarter valued at about $77,000. Finally, Parkside Financial Bank & Trust raised its holdings in World Fuel Services by 26.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,723 shares of the oil and gas company’s stock valued at $98,000 after acquiring an additional 562 shares during the period. 91.14% of the stock is currently owned by hedge funds and other institutional investors.

World Fuel Services Company Profile

World Fuel Services Corporation engages in the distribution of fuel, and related products and services in the aviation, marine, and land transportation industries worldwide. Its Aviation segment supplies fuel, and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets, the U.S.

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Insider Buying and Selling by Quarter for World Fuel Services (NYSE:INT)

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