WFRD - Sell Alert: NEAL GOLDMAN Cashes Out $143K In Weatherford International Stock | Benzinga
NEAL GOLDMAN, Board Member at Weatherford International (NASDAQ:WFRD), reported an insider sell on January 22, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that GOLDMAN sold 1,517 shares of Weatherford International. The total transaction amounted to $143,356.
Monitoring the market, Weatherford International's shares up by 1.39% at $96.61 during Tuesday's morning.
Get to Know Weatherford International Better
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
Weatherford International's Economic Impact: An Analysis
Revenue Growth: Weatherford International displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 17.23%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Insights into Profitability:
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Gross Margin: The company sets a benchmark with a high gross margin of 34.58%, reflecting superior cost management ...