U.S. Labor Department reports website issues ahead of jobs data release
Cameron James, Executive Vice President & GM, Util & Broadband at Wesco International NASDAQ:WCC, sold 10,325 shares of common stock on August 29, 2025, at a price of $226.45, totaling approximately $2.3 million. Following the transaction, James directly owns 45,705.9144 shares of Wesco International. While this insider sale is notable, InvestingPro data shows management has been actively buying back shares, suggesting continued confidence in the $10.65 billion market cap company. Get access to 10 additional key insights and comprehensive analysis with InvestingPro’s detailed research report.
In other recent news, WESCO International reported its second-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an adjusted earnings per share of $3.39, slightly above the forecast of $3.36. Additionally, WESCO reported revenue of $5.9 billion, exceeding the anticipated $5.82 billion. In another development, Moody’s Ratings has affirmed Wesco’s corporate family rating at B2 but changed its outlook from stable to negative. This change reflects Moody’s assessment of the company’s financial situation. Furthermore, Wesco announced the appointment of Daniel Castillo as the new leader of its Electrical and Electronic Solutions strategic business unit, effective September 1, 2025. He will replace Nelson Squires, who is retiring after a decade with the company. These recent developments provide important insights into WESCO’s current business landscape.
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