World Fuel Services Corporation (NYSE:INT) EVP Robert Alexander Lake sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $35.00, for a total transaction of $52,500.00. Following the completion of the sale, the executive vice president now directly owns 42,302 shares of the company’s stock, valued at approximately $1,480,570. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of World Fuel Services Corporation (NYSE:INT) traded down 2.02% during mid-day trading on Thursday, reaching $33.39. 308,961 shares of the company’s stock traded hands. The company has a market capitalization of $2.29 billion, a P/E ratio of 21.87 and a beta of 0.93. World Fuel Services Corporation has a 1-year low of $32.28 and a 1-year high of $47.49. The firm has a 50-day moving average price of $37.16 and a 200-day moving average price of $37.71.

World Fuel Services Corporation (NYSE:INT) last announced its quarterly earnings results on Thursday, July 27th. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.06. World Fuel Services Corporation had a return on equity of 5.60% and a net margin of 0.34%. The business had revenue of $8.09 billion during the quarter, compared to the consensus estimate of $8.41 billion. During the same quarter last year, the company earned $0.63 earnings per share. The firm’s revenue was up 21.9% compared to the same quarter last year. On average, equities research analysts forecast that World Fuel Services Corporation will post $2.28 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Robert Alexander Lake Sells 1,500 Shares of World Fuel Services Corporation (INT) Stock” was first posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright & trademark laws. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/10/robert-alexander-lake-sells-1500-shares-of-world-fuel-services-corporation-int-stock.html.

INT has been the subject of several recent research reports. Zacks Investment Research raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, April 19th. TheStreet downgraded shares of World Fuel Services Corporation from a “b” rating to a “c” rating in a research report on Friday, May 5th. Finally, BidaskClub raised shares of World Fuel Services Corporation from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th.

Several large investors have recently made changes to their positions in INT. Teachers Advisors LLC increased its stake in shares of World Fuel Services Corporation by 16.2% in the fourth quarter. Teachers Advisors LLC now owns 185,486 shares of the oil and gas company’s stock valued at $8,516,000 after buying an additional 25,903 shares during the period. Bank of Montreal Can increased its position in World Fuel Services Corporation by 12.6% in the first quarter. Bank of Montreal Can now owns 109,767 shares of the oil and gas company’s stock worth $3,979,000 after buying an additional 12,274 shares during the last quarter. Capstone Asset Management Co. increased its position in World Fuel Services Corporation by 4.5% in the first quarter. Capstone Asset Management Co. now owns 12,439 shares of the oil and gas company’s stock worth $451,000 after buying an additional 540 shares during the last quarter. Alpha Windward LLC increased its position in World Fuel Services Corporation by 17.2% in the first quarter. Alpha Windward LLC now owns 12,684 shares of the oil and gas company’s stock worth $460,000 after buying an additional 1,860 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its position in World Fuel Services Corporation by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 17,700 shares of the oil and gas company’s stock worth $642,000 after buying an additional 300 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

About World Fuel Services Corporation

World Fuel Services Corporation is engaged in providing aviation, marine and land energy, logistics and technology solutions to customers and suppliers around the world. The Company operates through three segments: Aviation, Marine and Land. In its Aviation segment, the Company offers fuel and related products and services.

Receive News & Ratings for World Fuel Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Fuel Services Corporation and related companies with MarketBeat.com's FREE daily email newsletter.