The SVP & CFO of Nordson Corp is Exercising Options

By Carrie Williams

Today, the SVP & CFO of Nordson Corp, Gregory Thaxton, exercised options of Nordson Corp for $1.11M.

In addition to Gregory Thaxton, 3 other NDSN executives reported Sell trades in the last month.

Based on Nordson Corp’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $574 million and quarterly net profit of $79.84 million. In comparison, last year the company earned revenue of $509 million and had a net profit of $75.87 million. The company has a one-year high of $151.84 and a one-year low of $107.16. NDSN’s market cap is $8.51B and the company has a P/E ratio of 29.02.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $164, reflecting a -9.5% downside.

The insider sentiment on Nordson Corp has been negative according to 76 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Gregory Thaxton’s trades have generated a -15.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Nordson Corp. engages in the engineering, manufacture, and market of products and systems used for adhesives, coatings, sealants, biomaterials, and other materials. It operates through the following business segments: Adhesive Dispensing Systems; Advanced Technology Systems; Industrial Coating Systems; and Corporate.