WDFC - 100K Reasons To Be Bullish On WD-40 Stock | Benzinga
A notable insider purchase on April 17, was reported by Steven A Brass, President and CEO at WD-40 (NASDAQ:WDFC), based on the most recent SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Brass increased their investment in WD-40 by purchasing 432 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $100,319.
The latest update on Thursday morning shows WD-40 shares down by 0.0%, trading at $231.5.
Discovering WD-40: A Closer Look
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.
Breaking Down WD-40's Financial Performance
Revenue Growth: WD-40 displayed positive results in 3 months. As of 29 February, 2024, the ...