Franklin Electric Co., Inc. (NASDAQ:FELE) Shares Purchased by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. raised its position in Franklin Electric Co., Inc. (NASDAQ:FELE) by 20.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,226 shares of the industrial products company’s stock after buying an additional 10,224 shares during the period. GHP Investment Advisors Inc. owned about 0.13% of Franklin Electric worth $6,208,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. CWM LLC raised its position in shares of Franklin Electric by 16.7% in the third quarter. CWM LLC now owns 684 shares of the industrial products company’s stock valued at $72,000 after buying an additional 98 shares during the last quarter. Blue Trust Inc. raised its holdings in Franklin Electric by 55.7% in the 3rd quarter. Blue Trust Inc. now owns 299 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 107 shares during the last quarter. Marshall Wace LLP lifted its stake in Franklin Electric by 1.0% in the 2nd quarter. Marshall Wace LLP now owns 11,009 shares of the industrial products company’s stock worth $1,060,000 after purchasing an additional 109 shares in the last quarter. Duality Advisers LP lifted its stake in Franklin Electric by 1.6% in the 1st quarter. Duality Advisers LP now owns 8,857 shares of the industrial products company’s stock worth $946,000 after purchasing an additional 137 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Franklin Electric by 29.9% during the 3rd quarter. Signaturefd LLC now owns 712 shares of the industrial products company’s stock worth $75,000 after purchasing an additional 164 shares during the last quarter. 79.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Franklin Electric

In other news, insider Gregg C. Sengstack sold 5,000 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $103.87, for a total transaction of $519,350.00. Following the transaction, the insider now owns 108,489 shares of the company’s stock, valued at approximately $11,268,752.43. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Gregg C. Sengstack sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $103.87, for a total value of $519,350.00. Following the transaction, the insider now directly owns 108,489 shares in the company, valued at approximately $11,268,752.43. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Gregg C. Sengstack sold 5,396 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $106.64, for a total value of $575,429.44. Following the transaction, the insider now owns 98,093 shares of the company’s stock, valued at approximately $10,460,637.52. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.72% of the stock is owned by company insiders.

Franklin Electric Price Performance

NASDAQ:FELE opened at $101.60 on Friday. Franklin Electric Co., Inc. has a one year low of $83.71 and a one year high of $108.39. The stock has a market cap of $4.64 billion, a PE ratio of 25.34, a P/E/G ratio of 2.02 and a beta of 0.95. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.14 and a current ratio of 2.65. The stock has a 50 day moving average price of $101.94 and a 200 day moving average price of $100.22.

Franklin Electric Company Profile

Franklin Electric Co, Inc, together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.