JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
CLEVELAND—Rea Todd D, President of the Consumer Brands Group at Sherwin-Williams Co. (NYSE:SHW), a prominent chemicals industry player with a $90 billion market cap, reported a significant transaction involving the company’s common stock. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with a P/E ratio of 33.6x. On June 6, Todd sold 4,223 shares at a weighted average price of $359.16 per share, totaling approximately $1.52 million. The shares were sold in multiple transactions with prices ranging from $358.97 to $359.35 per share. The stock, which has maintained dividend payments for 47 consecutive years and carries a "GOOD" Financial Health score from InvestingPro, has delivered a 23% return over the past year.
In addition to the sale, Todd exercised stock options and acquired a total of 2,686 shares at prices between $186.85 and $295.83, with the total value of these acquisitions amounting to $635,628. Following these transactions, Todd now directly owns 9,329 shares of Sherwin-Williams common stock. For deeper insights into insider trading patterns and 12+ additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Sherwin-Williams Co. reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $2.25, which exceeded the forecasted $2.20. However, the company’s revenue of $5.31 billion fell short of the expected $5.42 billion. Despite this revenue miss, the company reaffirmed its full-year sales and EPS guidance, indicating confidence in its strategic initiatives and cost management. BofA Securities raised its price target for Sherwin-Williams stock from $283 to $289, maintaining an Underperform rating, while expressing caution about potential downside risks in the company’s end markets. Meanwhile, Evercore ISI analysts increased the price target for Walmart (NYSE:WMT) stock to $107 from $105, retaining an Outperform rating. Analysts highlighted Walmart’s year-to-date stock increase and its strategic focus on market share and margin expansion as factors in their decision. These developments reflect ongoing investor interest and analyst evaluations in the current market environment.
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