Steve Armstrong Insider Trading for 7,100 Shares of MSC Industrial Direct Co., Inc. (MSM); Tiedemann Wealth Management Upped Its Transcanada (TRP) Position

A legal report filed with the Security Exchange Commission on January 23, 2018 shared that Steve Armstrong, the SVP – GC and Corp. Secy. of Msc Industrial Direct Co Inc, ‘s company unloaded 7,100 shares. With avg market share price of $94.0 the significant trade’s worth is $667,684 USD. He also sold 19,162 shares that are worth approx $1,820,007 USD in the last month. Due to the size of the deal there is little chance that it will stay unnoticed. Steve Armstrong today holds 11,751 shares or 0.02% of Msc Industrial Direct Co Inc’s market cap.

Tiedemann Wealth Management Llc increased Transcanada Corp (TRP) stake by 734.14% reported in 2017Q3 SEC filing. Tiedemann Wealth Management Llc acquired 162,062 shares as Transcanada Corp (TRP)’s stock declined 2.34%. The Tiedemann Wealth Management Llc holds 184,137 shares with $9.18M value, up from 22,075 last quarter. Transcanada Corp now has $41.29B valuation. The stock decreased 0.37% or $0.18 during the last trading session, reaching $47.86. About 1.33 million shares traded or 24.60% up from the average. TransCanada Corporation (NYSE:TRP) has risen 15.03% since January 24, 2017 and is uptrending. It has underperformed by 1.67% the S&P500.

Since November 10, 2017, it had 0 buys, and 5 insider sales for $12.13 million activity. The insider JACOBSON MITCHELL sold $6.14 million. The insider Davanzo Christopher sold $1.13 million. $1.82M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by Armstrong Steve. GERSHWIND ERIK sold $2.88 million worth of stock or 30,240 shares. $165,942 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) shares were sold by Bonomo Charles.

MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and activities products primarily in the United States, Canada, and the United Kingdom. The company has market cap of $5.35 billion. The company??s MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It has a 22.9 P/E ratio. It offers approximately 1,565,000 stock-keeping units through its catalogs; brochures; eCommerce channels, including its Website,; and call-centers and branches.

Among 18 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. MSC Industrial Direct Co. has $114.0 highest and $55 lowest target. $92.25’s average target is -2.70% below currents $94.81 stock price. MSC Industrial Direct Co. had 59 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, January 12 report. On Friday, January 15 the stock rating was initiated by Gabelli with “Buy”. The rating was maintained by Barclays Capital on Monday, October 5 with “Equal-Weight”. The company was downgraded on Wednesday, May 25 by Barclays Capital. KeyBanc Capital Markets reinitiated the stock with “Sector Weight” rating in Tuesday, April 4 report. The stock has “Hold” rating by Wells Fargo on Wednesday, November 1. The company was maintained on Monday, October 9 by BMO Capital Markets. The company was maintained on Tuesday, January 9 by Credit Suisse. The rating was maintained by Susquehanna with “Hold” on Thursday, January 11. The firm has “Hold” rating by Stifel Nicolaus given on Monday, June 12.

Investors sentiment decreased to 1.31 in Q3 2017. Its down 0.02, from 1.33 in 2017Q2. It worsened, as 39 investors sold MSC Industrial Direct Co., Inc. shares while 75 reduced holdings. 49 funds opened positions while 100 raised stakes. 41.32 million shares or 3.65% less from 42.88 million shares in 2017Q2 were reported. Advisory Net Limited Liability invested in 0% or 9 shares. Arrowmark Colorado Limited Liability Company accumulated 1.58M shares. Stephens Management Grp Limited Com has invested 0.59% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). Rhumbline Advisers invested in 126,620 shares. First Republic Investment Inc reported 3,420 shares stake. South Dakota Investment Council invested in 5,000 shares or 0.01% of the stock. State Of Tennessee Treasury Department invested in 10,000 shares. D E Shaw And reported 498,781 shares. Tiaa Cref Investment Mgmt Limited Co invested 0.01% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Jefferies Gru Limited Liability Co has invested 0% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). Credit Suisse Ag accumulated 52,524 shares. Invesco stated it has 49,466 shares. Evercore Wealth Mgmt Ltd Co reported 483 shares stake. Greenleaf Tru owns 555 shares for 0% of their portfolio. Advantus Capital accumulated 5,742 shares.

The stock increased 0.86% or $0.81 during the last trading session, reaching $94.81. About 756,557 shares traded or 26.73% up from the average. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 18.92% since January 24, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. TransCanada Corporation has $73 highest and $43 lowest target. $56.38’s average target is 17.80% above currents $47.86 stock price. TransCanada Corporation had 23 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, January 11 the stock rating was upgraded by Morgan Stanley to “Buy”. The stock of TransCanada Corporation (NYSE:TRP) earned “Sector Perform” rating by Scotia Capital on Tuesday, August 4. As per Wednesday, July 20, the company rating was maintained by Goldman Sachs. The rating was maintained by Wolfe Research with “Outperform” on Monday, May 15. The rating was initiated by JP Morgan on Tuesday, December 15 with “Overweight”. The rating was downgraded by Zacks to “Hold” on Thursday, August 6. As per Friday, October 23, the company rating was initiated by BMO Capital Markets. BMO Capital Markets maintained TransCanada Corporation (NYSE:TRP) on Monday, July 31 with “Outperform” rating. On Friday, April 8 the stock rating was initiated by Credit Suisse with “Outperform”. The stock has “Sector Outperform” rating by IBC on Monday, December 7.

Tiedemann Wealth Management Llc decreased Thermo Fisher Scientific Inc (NYSE:TMO) stake by 1,895 shares to 1,101 valued at $209,000 in 2017Q3. It also reduced First Tr Exchange Traded Fd (EMLP) stake by 538,266 shares and now owns 320,146 shares. Mimedx Group Inc (NASDAQ:MDXG) was reduced too.