Insider Sell: Shashank Patel Sells 8,000 Shares of Watts Water Technologies Inc (WTS)

May 13, 2025

On May 12, 2025, Shashank Patel, the Chief Financial Officer of Americas & Europe at Watts Water Technologies Inc (WTS, Financial), sold 8,000 shares of the company. Following this transaction, the insider now owns 2,754 shares of the company. The transaction details can be found in the SEC Filing. Watts Water Technologies Inc is a global provider of plumbing, heating, and water quality solutions for residential, industrial, municipal, and commercial settings. The company designs, manufactures, and sells an extensive line of products to the water industry.

Over the past year, Shashank Patel has sold a total of 20,010 shares and has not purchased any shares. The insider transaction history for Watts Water Technologies Inc indicates that there have been 0 insider buys and 14 insider sells over the same period. On the day of the recent sale, shares of Watts Water Technologies Inc were trading at $245 each, giving the stock a market cap of $8,194.683 million. The company's price-earnings ratio stands at 28.12, which is higher than the industry median of 24.4 and also higher than the company’s historical median price-earnings ratio.

With a trading price of $245 and a GF Value of $199.34, Watts Water Technologies Inc has a price-to-GF-Value ratio of 1.23, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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