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EdgarHawk

Patel Shashank

Chief Financial Officer

Officer
3 filings analyzed · 1 company · Latest 2025-05-13

Companies

Company Buys Sells Direction
WATTS WATER TECHNOLOGIES INC WTS 0 6 Net selling

Activity

May 2025
high
Sell
8,000 shares
$1,960,003
Significance 6/10

CFO Patel sells 8,000 shares (74.4% of holdings) for $2.0M at $245.00 blended average.

Shashank Patel, Chief Financial Officer of Watts Water Technologies, executed 2 separate sales totaling 8,000 shares for $1,960,003.20 on 2025-05-12, reducing his holdings from 10,754 shares to 2,754 shares—a 74.4% reduction of pre-transaction holdings. The blended average sale price of $245.00 sits near the 52-week high of $245.88 and represents a substantial divestiture just 1.0% below the 52-week high. Examining historical patterns, Patel's prior 4 trades at WTS all posted negative 90-day returns (ranging from -1.8% to -0.8%), and his cross-ticker track record shows 4 prior sells with a 100.00% well-timed rate, suggesting a pattern of selling near peaks before stock declines. However, the stock has appreciated 25.6% over the past 30 days and 10.1% over 90 days, so the immediate aftermath of this filing will be an important test of whether the pattern holds or whether this sale reflects a different driver such as liquidity needs or rebalancing.

November 2024
medium
Sell
5,933 shares
$1,239,622
Significance 4/10

CFO Patel Shashank sold 5,933 shares at $208.94 blended for $1.2M; post-trade holdings 9,702 shares (-37.9%).

Patel Shashank, Chief Financial Officer of Watts Water Technologies, executed 2 separate sales on 2024-11-08, offloading 5,933 shares totaling $1,239,621.88 at a blended average price of $208.94. This represents a -37.9% reduction from his pre-transaction holdings of 15,635 shares, leaving him with 9,702 shares post-transaction. The current stock price of $206.73 is -5.2% from the 52-week high of $218.00, and the insider's transaction prices of $208.94 and $209.42 / $208.71 fall within the recent trading range. His cross-ticker track record shows 2 prior sales with no measurable timing pattern yet established, and his prior trades at WTS (both on 2024-11-07) do not yet have measurable 30-day or 90-day outcomes. The company fundamentals show revenue of $543.6M (latest quarter) and net income of $69.1M, with a 26.34 P/E ratio.

medium
Sell
4,569 shares
$955,378
Significance 5/10

CFO Patel Shashank sells 4,569 shares at $208–$209.66 for $955,378.25 (22.6% of holdings) at WTS.

Shashank Patel, Chief Financial Officer of Watts Water Technologies, executed 2 separate sales on 2024-11-07, offloading 4,569 shares (4.6K shares) for a combined $955,378.25 at prices of $208.05 and $209.66. This sale reduces his holdings from 20,204 shares to 15,635 shares, representing a -22.6% reduction in his position. The blended average price of $209.10 places the sale near the current price of $208.45 and within the 52-week range ($175.53–$218.00). Against the company's recent fundamentals (revenue of $543,600,000.00 for the latest quarter and net income of $69,100,000.00), the transaction occurs in the context of a P/E of 26.55 and annual revenue growth of +3.9%. His cross-ticker track record shows only 2 prior sells (outcome tracking not available for this ticker prior to this filing date), limiting inference on his historical timing patterns.

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