Harley-Davidson CFO John Olin Unloads 11,104 Shares (HOG)

Harley-Davidson (NYSE:HOG) CFO John Olin sold 11,104 shares of the stock on the open market in a transaction that occured on Friday, August 9th. The shares were sold at an average price of $59.00, for a total value of $655,136.00. Following the transaction, the chief financial officer now directly owns 12,702 shares of the company’s stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

       HOG has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Harley-Davidson in a research note to investors on Tuesday, July 30th. They now have a $59.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Harley-Davidson from $56.00 to $58.00 in a research note to investors on Friday, July 26th. They now have an “overweight” rating on the stock. Finally, analysts at Wedbush downgraded shares of Harley-Davidson from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, July 15th. They now have a $58.00 price target on the stock, down previously from $63.00.
       One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $59.77.
       Harley-Davidson (NYSE:HOG) traded up 0.29% on Wednesday, hitting $59.03. Harley-Davidson has a 1-year low of $40.59 and a 1-year high of $59.84. The stock’s 50-day moving average is currently $56.0. The company has a market cap of $13.167 billion and a price-to-earnings ratio of 19.01.
       Harley-Davidson (NYSE:HOG) last announced its earnings results on Thursday, July 25th. The company reported $1.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.18 by $0.03. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts predict that Harley-Davidson will post $3.29 earnings per share for the current fiscal year.

Harley-Davidson, Inc produces heavyweight cruiser and touring motorcycles. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers.