The VP, Controller and PAO of Air Products and Chemicals (NYSE: APD) is Selling Shares

By Carrie Williams

Today, the VP, Controller and PAO of Air Products and Chemicals (APDResearch Report), Russell Flugel, sold shares of APD for $614.8K.

Following Russell Flugel’s last APD Sell transaction on August 16, 2016, the stock climbed by 75.5%.

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Based on Air Products and Chemicals’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.19 billion and quarterly net profit of $421 million. In comparison, last year the company earned revenue of $2.16 billion and had a net profit of $416 million. APD’s market cap is $45.56B and the company has a P/E ratio of 27.00. Currently, Air Products and Chemicals has an average volume of 16.61K.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $220.67, reflecting a 7.0% upside.

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Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Industrial Gases-Americas; Industrial Gases-EMEA (Europe, Middle East, and Africa); Industrial Gases-Asia; Industrial Gases-Global; and Corporate and Other.