PPG Industries, Inc. (NYSE:PPG) stock exchanged hands 2.16M shares versus average trading capacity of 1.73M shares, while its shares total market worth is $27.53B along with 266.28M outstanding shares. Its shares ended last trading session at the price of $107.94 whereas a number of traders indicating mean target price will hit $123.67 over the next twelve months, mean value of price target most recently revised on 07/26/16. The highest estimates of price target are $131.00 and low forecast is $115.00 based on the opinion of 18 analysts. The price target estimates represents a standard deviation of 5.84. However brokerage recommendations suggests an ABR of 1.40 based on calls of 15 experts, where 11 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 2 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For PPG Industries, Inc. (NYSE:PPG) total 1 number of trades held during last 3 months and 27 during last 12 months, out of them 0 numbers of buys held in last 3 months and 6 buys in last 12 months. Whereas 1 numbers of sells held in last 3 months and 21 sells over the past 12 months.
Insiders has most recently took part in a trading activity, Sekmakas Viktoras R, Executive Vice President of the company in a transaction that occurred 7/26/2016 sold 40,950 shares of the stock. The stock was sold at a price of $106.64 for a total value of $4,367,014. Subsequent to the transaction Sekmakas Viktoras R owned a total of 28,094 shares of the stock.
In a separate transaction on 2/29/2016, Sklarsky frank S, Executive Vice President sold 5,184 shares of the stock. The stock was sold at a price of $96.53, for a total worth of $500,412. Succeeding to the transaction Sklarsky frank S owned overall 19,283 shares of the stock.
Moreover, Bunch Charles E, Executive Vice President sold 46,286 shares of the stock in a reserved transaction that ensued on 2/26/2016. At a price of $98.17, the stock was sold for an entire value of $4,543,711. Consequent to the transaction Bunch Charles E owned a total of 732,911 shares of the stock.
Currently, 0.40% shares of PPG Industries, Inc. (NYSE:PPG) are owned by insiders with -7.50% six-month change in the insider ownership. According to U.S. Security Exchange Commission Filing, Bunch Charles E is one of the major insider shareholder of the company’s stock, the insider owns 732,911 shares reported on Feb 26, 2016. Mcgarry Michael H is second leading insider shareholder, as of Feb 17, 2016 the insider owns 88,846 shares of the stock. Niekamp Cynthia A is another major insider shareholder of the stock, as per record date of Feb 17, 2016 insider owns 66,2 shares of the stock.
PPG Industries, Inc. (NYSE:PPG) is expected to release the earnings of its current quarter on 10/20/16. The company is expected to release $1.72 EPS during current quarter according to 19 analysts whereas the company reported $1.61 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.62 and high estimate of $1.83. PPG Industries, Inc. (NYSE:PPG)’s average revenue estimates for the current quarter are 3.86B according to 19 number of analysts. However its lowest revenue estimates are 3.79B and highest revenue estimates are 4.04B. A year ago the company’s sales were 14B. Its yearly sales growth estimates are -0.20%.