WABCO Holdings Inc. (NYSE:WBC) Insider Nicolas Bardot Sells 750 Shares

WABCO Holdings Inc. (NYSE:WBC) insider Nicolas Bardot sold 750 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $132.00, for a total transaction of $99,000.00. Following the sale, the insider now directly owns 3,053 shares in the company, valued at $402,996. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE:WBC traded down $0.02 on Wednesday, hitting $131.99. The company had a trading volume of 48,625 shares, compared to its average volume of 335,515. WABCO Holdings Inc. has a 1-year low of $98.90 and a 1-year high of $146.68. The company has a market cap of $6.76 billion, a PE ratio of 16.77, a price-to-earnings-growth ratio of 1.19 and a beta of 1.40. The stock’s 50 day moving average is $132.35. The company has a current ratio of 2.98, a quick ratio of 2.49 and a debt-to-equity ratio of 0.65.

Large investors have recently added to or reduced their stakes in the business. ZWJ Investment Counsel Inc. grew its stake in shares of WABCO by 4.0% in the first quarter. ZWJ Investment Counsel Inc. now owns 111,737 shares of the auto parts company’s stock valued at $14,730,000 after acquiring an additional 4,264 shares in the last quarter. Havens Advisors LLC acquired a new position in shares of WABCO in the second quarter valued at about $1,525,000. Northwest Bancshares Inc. acquired a new position in shares of WABCO in the first quarter valued at about $233,000. Clearbridge Investments LLC grew its stake in shares of WABCO by 1.7% in the first quarter. Clearbridge Investments LLC now owns 805,176 shares of the auto parts company’s stock valued at $106,146,000 after acquiring an additional 13,654 shares in the last quarter. Finally, Alpine Associates Management Inc. acquired a new position in shares of WABCO in the first quarter valued at about $62,568,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Several analysts have issued reports on the stock. Wolfe Research lowered shares of WABCO from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 30th. William Blair lowered shares of WABCO from an “outperform” rating to a “market perform” rating in a research report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $133.57.

WABCO Company Profile

WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, steering, transmission automation, and air management systems primarily for commercial vehicles.

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