Brady Corp (NYSE:BRC) VP Thomas J. Felmer sold 11,667 shares of the firm’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $41.55, for a total transaction of $484,763.85. Following the completion of the transaction, the vice president now owns 69,782 shares of the company’s stock, valued at approximately $2,899,442.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

NYSE:BRC traded down $0.10 on Friday, reaching $41.10. 2,110 shares of the stock traded hands, compared to its average volume of 247,912. The company has a market capitalization of $2.16 billion, a PE ratio of 23.43, a P/E/G ratio of 2.58 and a beta of 1.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.71 and a current ratio of 2.34. Brady Corp has a 1-year low of $33.45 and a 1-year high of $41.95.

A number of research analysts recently issued reports on BRC shares. Bank of America lowered shares of Brady from a “buy” rating to an “underperform” rating and set a $40.00 price objective for the company. in a report on Monday, July 16th. Zacks Investment Research lowered shares of Brady from a “buy” rating to a “hold” rating in a report on Friday, May 25th. Finally, ValuEngine upgraded shares of Brady from a “hold” rating to a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $39.75.

A number of large investors have recently added to or reduced their stakes in the business. Pinebridge Investments L.P. increased its position in Brady by 3.4% during the 2nd quarter. Pinebridge Investments L.P. now owns 43,229 shares of the industrial products company’s stock valued at $1,666,000 after purchasing an additional 1,404 shares during the period. Strs Ohio increased its position in Brady by 5.2% during the 2nd quarter. Strs Ohio now owns 30,100 shares of the industrial products company’s stock valued at $1,160,000 after purchasing an additional 1,500 shares during the period. Profund Advisors LLC increased its position in Brady by 21.4% during the 1st quarter. Profund Advisors LLC now owns 9,087 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 1,602 shares during the period. Prudential Financial Inc. increased its position in Brady by 2.2% during the 1st quarter. Prudential Financial Inc. now owns 81,872 shares of the industrial products company’s stock valued at $3,042,000 after purchasing an additional 1,800 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Brady by 95.1% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,941 shares of the industrial products company’s stock valued at $146,000 after purchasing an additional 1,921 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

About Brady

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The IDS segment offers safety signs, pipe markers, labeling systems, spill control products, and lockout/tagout devices for facility identification and protection; materials and printing systems for product identification, brand protection labeling, work in process labeling, and finished product identification; and hand-held printers, wire markers, sleeves, and tags for wire identification, as well as software and services for safety compliance auditing, procedure writing, and training.

Recommended Story: Asset Allocation Models, Which is Right For You?

Insider Buying and Selling by Quarter for Brady (NYSE:BRC)

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