Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Ferguson COO William Thees Jr. sells $772,200 in company stock at $220

Ferguson COO William Thees Jr. sells $772,200 in company stock at $220

COO William T. Thees Jr. of Ferguson Enterprises Inc. sold 3,510 shares of the company's common stock for a total of $772,200 on October 12, 2026, at a price of $220 per share. The sale was executed under a Rule 10b5-1 trading plan established on May 27, 2026. The same day, Thees Jr. also received 2,098 shares as settlement for a Conditional Share Award and 4,206 shares as settlement for a previous grant, bringing his direct holdings to 32,680 shares.

Despite the stock trading near its 52-week low of $212.13, Ferguson maintains an attractive valuation with a P/E ratio of 21.63 and a PEG ratio of 0.84. Analysts have expressed positive views on Ferguson, with Bernstein SocGen Group raising its price target to $325 and Jefferies resuming coverage with a buy rating.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Thursday 15 October →