Snap-On Incorporated is engaged in the business of providing
productivity-enhancing, innovative products, services and
solutions. Snap-on Incorporated has a market cap of $3.93
billion; its shares were traded at around $66.68 with a P/E ratio
of 13.69 and P/S ratio of 1.38. The dividend yield of Snap-on
Incorporated stocks is 2.01%. Snap-on Incorporated had an annual
average earnings growth of 12.2% over the past 10 years.
Chairman, President and CEO of Snap-on Incorporated (
) Nicholas T. Pinchuk sold 24,825 shares on July 19, 2012 at an
average price of $66. The total transaction amount is $1,638,450.
Since December 2007, Mr. Pinchuk has been Snap-On's president and
CEO; since April 2009, he has been the company's chairman of the
board. Before becoming the president and CEO, Pinchuk was the CEO
since April 2007 and the senior vice president. Prior to coming
to Snap-On, Mr. Pinchuk worked at United Technologies Corporation
and Ford Motor Company.
On February 16, 2012, Senior Vice President Finance and CFO Aldo
John Pagliari sold 3,105 shares of SNA stock at the average price
of 61.59. Other Directors and Officers have also sold shares of
SNA stock. Vice President, Chief Information Officer Jeanne M.
Moreno, Vice President Human Resources Iain Boyd, Director Arthur
L. Kelly, and Vice President, General Counsel and Secretary Irwin
M. Shur together sold a total of 39,110 of SNA stock in July,
April, and March.
bought 26,880 shares during the first quarter of 2012.
kept their positions in SNA unchanged or slightly adjusted.
Snap-On Incorporated reported their 2012 second quarter financial
results. The company reported revenues of $737.9 million, a 1.5%
increase since 2011 and net income of $76.4 million.About
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