WTS - Insider Decision: Shashank Patel Offloads $324K Worth Of Watts Water Technologies Stock | Benzinga
A substantial insider sell was reported on May 24, by Shashank Patel, Chief Financial Officer at Watts Water Technologies (NYSE:WTS), based on the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Friday outlined that Patel executed a sale of 1,508 shares of Watts Water Technologies with a total value of $324,370.
Tracking the Friday's morning session, Watts Water Technologies shares are trading at $210.17, showing a down of 0.0%.
Get to Know Watts Water Technologies Better
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
A Deep Dive into Watts Water Technologies's Financials
Revenue Growth: Watts Water Technologies displayed positive results in 3 months. As of 31 March, 2024, the ...