FERG News & Analysis

Ferguson COO Sells $772,200 in Company Stock

Ferguson (FERG) Chief Operating Officer, William Thees Jr., sold company shares amounting to $772,200. The shares were sold at a price of $220 each. This type of insider sale can sometimes signal an executive's personal perspective on the company's near-term stock performance, although it might also be for personal financial planning reasons. Such transactions might raise questions among investors regarding the executive's confidence in the company's future performance.