TIMOTHY HORNE, 10% Owner at Watts Water Technologies (NYSE:WTS), reported an insider sell on February 28, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that HORNE executed a sale of 10,000 shares of Watts Water Technologies with a total value of $1,990,831.
The latest market snapshot at Wednesday morning reveals Watts Water Technologies shares down by 0.0%, trading at $199.25.
Delving into Watts Water Technologies's Background
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.
Breaking Down Watts Water Technologies's Financial Performance
Revenue Growth: Watts Water Technologies's revenue growth over a period of 3 months has been noteworthy. ...