Insider Selling: Willis Towers Watson PLC (WLTW) Insider Sells 9,437 Shares of Stock
Willis Towers Watson PLC (NASDAQ:WLTW) insider Joseph Gunn sold 9,437 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $159.94, for a total value of $1,509,353.78. Following the completion of the sale, the insider now directly owns 22,040 shares in the company, valued at approximately $3,525,077.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Willis Towers Watson PLC (NASDAQ WLTW) traded up $0.42 during trading on Tuesday, hitting $159.65. The company’s stock had a trading volume of 642,696 shares, compared to its average volume of 621,622. Willis Towers Watson PLC has a one year low of $125.39 and a one year high of $165.00. The stock has a market cap of $21,100.00, a price-to-earnings ratio of 38.29, a PEG ratio of 1.58 and a beta of 0.91. The company has a current ratio of 1.82, a quick ratio of 1.97 and a debt-to-equity ratio of 0.43.
Willis Towers Watson (NASDAQ:WLTW) last issued its quarterly earnings results on Thursday, February 8th. The financial services provider reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.10. Willis Towers Watson had a return on equity of 11.25% and a net margin of 6.93%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the company posted $1.88 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. analysts forecast that Willis Towers Watson PLC will post 9.9 EPS for the current fiscal year.
A number of equities research analysts recently issued reports on WLTW shares. Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 target price on shares of Willis Towers Watson in a research note on Friday, November 3rd. ValuEngine raised Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Barclays reaffirmed a “buy” rating and issued a $172.00 target price on shares of Willis Towers Watson in a research note on Tuesday, January 9th. BidaskClub lowered Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 31st. Finally, Stifel Nicolaus upped their target price on Willis Towers Watson from $175.00 to $187.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. Willis Towers Watson has a consensus rating of “Buy” and a consensus price target of $168.67.
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Willis Towers Watson Company Profile
Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.
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