Weatherford International Plc (NYSE:WFT) CAO Douglas M. Mills sold 4,486 shares of the company’s stock in a transaction on Thursday, January 28th. The shares were sold at an average price of $6.47, for a total transaction of $29,024.42. Following the completion of the transaction, the chief accounting officer now owns 227,933 shares of the company’s stock, valued at $1,474,726.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Weatherford International Plc (NYSE:WFT) traded up 6.7713% during trading on Friday, reaching $6.6305. 8,311,320 shares of the company’s stock traded hands. The firm’s 50 day moving average is $7.55 and its 200-day moving average is $9.47. Weatherford International Plc has a 12 month low of $4.95 and a 12 month high of $14.91. The company’s market capitalization is $5.17 billion.

Weatherford International Plc (NYSE:WFT) last announced its quarterly earnings results on Monday, October 26th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.06. The business earned $2.24 billion during the quarter, compared to the consensus estimate of $2.34 billion. The company’s quarterly revenue was down 42.3% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS. Analysts expect that Weatherford International Plc will post ($0.38) EPS for the current fiscal year.

Several brokerages have recently weighed in on WFT. RBC Capital restated an “outperform” rating and issued a $9.00 target price (down from $11.00) on shares of Weatherford International Plc in a research note on Wednesday, January 20th. Deutsche Bank decreased their target price on shares of Weatherford International Plc from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Tuesday, January 19th. Simmons restated a “neutral” rating on shares of Weatherford International Plc in a research note on Monday, January 11th. Wells Fargo upgraded shares of Weatherford International Plc from a “market perform” rating to an “outperform” rating in a research note on Monday, January 11th. Finally, Oppenheimer restated a “buy” rating on shares of Weatherford International Plc in a research note on Friday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company. Weatherford International Plc presently has a consensus rating of “Buy” and an average target price of $13.87.

A number of large investors have made changes to their positions in the stock. Strs Ohio raised its stake in shares of Weatherford International Plc by 14.4% in the fourth quarter. Strs Ohio now owns 2,762,699 shares of the company’s stock valued at $23,179,000 after buying an additional 348,484 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Weatherford International Plc by 57.5% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 589,302 shares of the company’s stock valued at $4,944,000 after buying an additional 215,194 shares during the period. Fourth Swedish National Pension Fund raised its stake in shares of Weatherford International Plc by 6.5% in the fourth quarter. Fourth Swedish National Pension Fund now owns 229,387 shares of the company’s stock valued at $1,924,000 after buying an additional 13,934 shares during the period. Nisa Investment Advisors raised its stake in shares of Weatherford International Plc by 235.9% in the fourth quarter. Nisa Investment Advisors now owns 56,100 shares of the company’s stock valued at $471,000 after buying an additional 39,400 shares during the period. Finally, Creative Planning raised its stake in shares of Weatherford International Plc by 144.0% in the fourth quarter. Creative Planning now owns 224,982 shares of the company’s stock valued at $1,888,000 after buying an additional 132,777 shares during the period.

Weatherford International Ltd. (NYSE:WFT) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia. It operates in over 100 countries and have manufacturing facilities and sales, service and distribution locations in approximately all of the oil and natural gas producing regions in the world. The Company operates in ten service lines: artificial lift systems; stimulation and chemicals; drilling services; well construction; integrated drilling; completion systems; drilling tools; wireline and evaluation services; re-entry and fishing and pipeline and specialty services. Weatherford Switzerland conducts all of its operations through its subsidiaries, including Weatherford Bermuda and Weatherford International, Inc. (Weatherford Delaware).

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