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Barry Monica, the Chief Human Resources Officer of Watts Water Technologies Inc . (NYSE:WTS), a $8.1 billion market cap company currently trading near its 52-week high of $248.17, recently executed a sale of company stock. According to a filing with the Securities and Exchange Commission, Monica sold 768 shares of Class A Common Stock on May 13, 2025. The shares were sold at a weighted average price of $245.40, resulting in a total transaction value of $188,467.
The shares were sold in multiple transactions, with prices ranging from $245.37 to $245.47. Following the sale, Monica retains direct ownership of 6,236 shares in the company. The stock has shown strong momentum with a 15% gain in the past week, though InvestingPro analysis suggests the stock is currently trading above its Fair Value. For deeper insights into insider trading patterns and 15+ additional key metrics, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Watts Water Technologies reported impressive financial results for Q1 2025, exceeding market expectations. The company achieved an adjusted earnings per share (EPS) of $2.37, surpassing the anticipated $2.12. Revenue for the quarter reached $558 million, slightly above the forecasted $547 million. Watts Water Technologies also completed the acquisition of Icon (NASDAQ:ICLR), which is progressing well and contributing positively to the company’s performance. The firm maintained its full-year organic sales outlook despite economic uncertainties and announced a 21% dividend increase starting in June. Analysts from Stifel and R.W. Baird noted the company’s strategic positioning and manufacturing advantages, particularly in the context of global tariffs. The company continues to navigate challenges such as economic weakness in Europe and supply chain issues, but remains confident in its ability to manage these effectively.
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