{
  "id": 20018405,
  "title": "Ferguson chief digital & info. officer sells $594,757 in shares",
  "url": "https://urgent.news/2026/11/14/ferguson-chief-digital-info-officer-sells-594-757-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T17:31:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/ferguson-chief-digital--info-officer-sells-594757-in-shares-93CH-5027433"
  },
  "original_language": "en",
  "account": "Ferguson Enterprises Inc. (FERG) disclosed on November 12, 2026, that its Chief Digital & Info. Officer, James A. Paisley, had sold 2,300 shares of the company's common stock for a total of $594,757. The transaction occurred on November 10, 2026, at a price of $258.59 per share. Following the sale, Paisley retained ownership of 5,262.643 shares of Ferguson Enterprises common stock. The sale coincided with Ferguson's stock experiencing a 9.74% increase over the previous week, reaching a price near its 52-week high of $271.64. Analysts have noted that the stock appears overvalued based on its current price-to-earnings ratio of 25.45. Ferguson Enterprises reported fiscal third-quarter 2026 earnings, with diluted earnings per share of $3.43, which were below the anticipated $3.54. However, revenue grew by 9.5% to $9.03 billion, with organic growth contributing 7% and acquisition growth adding 2.7%. Operating profit also increased by 8.9%, leading management to raise full-year guidance. In response to these results, RBC Capital increased its price target for Ferguson to $288 and maintained an Outperform rating. Bernstein SocGen Group also reiterated an Outperform rating with a $325 price target, emphasizing growth in non-residential construction and data centers. These developments highlight Ferguson's broader operating strength amidst a challenging residential market.",
  "summary": null,
  "key_points": [
    "Ferguson CFO James Paisley sold 2,300 shares at $258.59 each",
    "Sale amounted to $594,757, reducing Paisley's shareholding to 5,262.643",
    "Stock rose 9.74% week prior, raising valuation concerns"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}