Insider Trading Alert: Pentair PLC. $PNR

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Pentair PLC. (NYSE:PNR) insider have most recently took part in a trading activity. On Nov 27, 2017 Trian Fund Management, L.p., Director bought 9,966 shares having total worth of $689,847 at the price of $69.22 per share, following the transaction a total of 15,411,807 shares owned by Trian Fund Management, L.p.. Before this latest buy, Trian Fund Management, L.p. purchased PNR at 1 other times during the past twelve months, for a total investment of $563.11M at an average of $65.25 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 15 times by insiders. In 14 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 5.4%
12 Month 1 14 18.49%

Shares of Pentair PLC. (NYSE:PNR) traded down 0.5% on Nov 24, 2017, hitting $69.16. 173,177 shares of the company’s stock traded hands. Pentair PLC. has a 52 week low of $52.79 and a 52 week high of $71.17. The company’s market cap is $11,130 million.

Pentair PLC. (NYSE:PNR) last announced its earnings results on Oct 24, 2017. The company reported 0.95 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.93 by $0.02. The company had revenue of $1,227 million for the quarter, compared to the consensus estimate of $1,220 million. During the same quarter in the previous year, the company posted 0.78 earnings per share. The company’s revenue for the quarter was up 1% on a year-over-year basis.

2017-10-24 2017-07-25 2017-04-25 2017-01-31 2016-10-25 2016-07-28 2016-04-26 2016-02-02 2015-10-20 2015-07-21
earnings per share 0.95 1.00 0.65 0.78 0.78 1.11 0.76 1.13 0.97 0.96
Revenue(M) 1227 1265 1184 1188 1211 1733 1576 1761 1552 1661

Pentair PLC. has been the subject of a number of recent research reports. Analysts at Morgan Stanley Maintains shares of Pentair PLC. to an Overweight rating in a research note. They now have a $69.00 price target on the stock.

Pentair Ltd formerly known as Tyco Flow Control International Ltd., took its current form on September 28, 2012 as a result of a spin-off of Flow Control from its parent, Tyco International Ltd. and a reverse acquisition involving Pentair, Inc. It is an industrial manufacturing company comprised of three operating segments: Water & Fluid Solutions, Valves & Controls and Technical Solutions. Water & Fluid Solutions designs, manufactures, markets and services innovative water management and fluid processing products and solutions. Valves & Controls designs, manufactures, markets and service valves, fittings, automation and controls and actuators. Valves & Controls products are used in many applications including chemical, petrochemical, oil and gas, power generation, mining, food and beverage, pulp and paper, wastewater and commercial irrigation. Valves & Controls also provides engineering, design, inspection, maintenance and repair services for its valves and related products. The product line is sold under many trade names, including Biffi, Keystone, Vanessa, Anderson Greenwood and Crosby globally via its internal sales force and in some cases through a network of independent distributors. Technical Solutions designs, manufactures and markets products that guard and protect some of the sensitive electronics and electronic equipment, as well as heat management solutions designed to provide thermal protection to temperature sensitive fluid applications. Water & Fluid Solutions customers include businesses engaged wholesale and retail distribution in the residential & commercial, food & beverage, infrastructure, industrial and energy verticals. Customers also include end-users and consumers in the residential & commercial vertical. Water & Fluid Solutions faces numerous domestic and international competitors, some of which have substantially greater resources directed to the verticals in which the company compete. Competition in Flow Technologies focuses on brand names, product performance (including energy-efficient offerings), quality and price. Valves & Controls customers include businesses engaged in a wide range of applications within the energy, infrastructure, industrial and food & beverage verticals. Customers include end-users as well as engineering, procurement and construction companies, contractors, original equipment manufacturers and distributors. Technical solutions products include mild steel, stainless steel, aluminum and non-metallic enclosures, cabinets, cases, subracks, backplanes and thermal management systems including heat tracing, snow melting/de-icing and temperature management equipment. The Company’s products and services are geographically diverse and highly competitive. Water & Fluid Solutions brands include Aurora, Berkeley, Everpure, Fairbanks Nijhuis, Kreepy Krauly, Onga, Pentair, Pentair Pool Products, Pentair Water Pool and Spa, STA-RITE, SHURflo, X-Flow, Sintakote and Sintaloc. Water & Fluid Soluti

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.