Something More Positive for WESCO International Inc. (WCC) and Campbell Soup Company (CPB)

On Dec 08, ESPE MATTHEW J, Director exercised an option 398 shares of WESCO International Inc. (NYSE: WCC), with the average selling price of the stock being $0.00 per share. The total amount realized from this exercised an option $0. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, SVP and CFO – Schulz David S. exercised an option an extra 17,050 shares of this stock in a transaction that took place a day before, on Oct 19, with a share exercised an option at an average of $0.00 and a total of $0 was realized from this transaction. After the transaction, the SVP and CFO – Schulz David S. was left with 26,050 shares of the company’s stock, which is currently worth around $0.0.

The recent price movement of WCC means that it is now down by -9.33% from its 52-week high and 32.29% up against its 52-week low prices. Over the past one week, the price volatility of WCC stands at 2.92% while the volatility over the past one month is 2.34%. The beta score for this stock is 1.73. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/31/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.26 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.25 by 0.01. The revenue by the firm was 2.1B for the quarter.

The shares of WESCO International Inc. (WCC) dropped by -1.42%, leading to a loss of -$0.8 per share, and saw WCC end the trading session at $55.60 on Wednesday 01/15/20. WCC started the trading session at $56.02, before reaching a daily high of $56.405. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $55.05.

The trading volume on Wednesday stood at 1414194, which was below the stock’s 3-month average volume of 678.17K shares, out of a total 33.42M shares. As the price of the stock dipped, the market valuation of the company dropped to 2.34 billion.

The shares of Campbell Soup Company (NYSE: CPB) went up by 0.50% by the end of the recent trading session. This movement saw its price surge to close at $47.78, which was higher than the previous closing price of $47.54. Over the past one week, the price of CPB has jumped by 0.91%, while it has recorded a loss of -0.17% over the past one month. Its three-month performance saw CPB gain 2.51% while its six-month performance saw it surge by 15.55%. The situation is different though over the past one year, as the stock price went up by 34.48%, while its year-to-date (YTD) price performance slipped by -3.32%. The stock price has gone up by +4.21% compared to its 90-day low, while it is down -3.59% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 2,013,195 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,026,138 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see CPB stock with a 100-Day average volume of 2,184,208 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves CPB with an average rating of 72% Buy.

Several brokerage firms sent out their reports CPB stock not long ago. In its report sent out on December 12, 2019, Deutsche Bank lowered its ratings on CPB to a Hold. In an earlier report on October 17, 2019, RBC Capital Mkts Initiated the stock to a Outperform. Piper Jaffray meanwhile in its report on September 04, 2019 Upgrade its rating of the stock from a “Neutral” to “Neutral”.

In related news to the company’s stock, around 53.10% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 582 institutions currently hold the CPB stock. In the last quarter, a 154,059,382 CPB shares were in the possession of institutions. On the other hand, the company recorded 57 new institutions who bought it their stock, while 62 institutions sold their entire CPB reserve. Of the current institutions investing in the stock, 191 increased their investment while 275 decreased their investment in the stock.