United Technologies Corp /de/ buys $89.8M worth of Watsco Inc (WSO) stock

United Technologies Corp /de/ purchased 1,250,000 shares of Watsco Inc stock, or $89,750,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on April 27, 2012.

After the transaction, United Technologies Corp /de/'s stake was reported as 1,250,000 shares of Watsco Inc stock.

As noted on April 30, 2012, United Technologies Corp /de/'s purchase was done indirectly through "See Footnote 1" over 1 transaction on April 27, 2012. The share price for the transaction was $71.8 according to the regulatory filing detailing the trade.

If we look over the past 12 months, United Technologies Corp /de/ has sold no shares of Watsco Inc stock. Over the same time period, United Technologies Corp /de/ has purchased no shares of Watsco Inc stock.

Let's take a quick, high-level look at insider trading at Watsco Inc over the past 12 months. A total of 3,692 shares of Watsco Inc stock was sold by insiders, totaling $224,166. Over the same time 12 month time period, 1,250,000 shares of Watsco Inc, for a total value of $89,750,000 were purchased by company insiders.

To view the complete SEC Filing: Watsco Inc Form 4 (Insider Trading) SEC Filing