Shashank  Patel net worth and biography

Shashank Patel Biography and Net Worth

Chief Financial Officer of Watts Water Technologies
Shashank Patel joined our Company in July 2018 as Chief Financial Officer. Mr. Patel previously worked at Xylem Inc. from the time of its spin-off from ITT Corporation in 2011 until June 2018. While at Xylem, Mr. Patel served as Vice President, Finance for Xylem Applied Water Systems, Dewatering and the America’s Commercial Team from July 2017 to June 2018, Integration Leader for the Sensus business from August 2016 to June 2017, Vice President, Finance for Global Operations from April 2016 to July 2016, Interim Chief Financial Officer of Xylem from July 2015 to March 2016, and Vice President, Finance for the Applied Water Systems division from 2011 to July 2015. Mr. Patel also served in several leadership roles in finance, operations and engineering at ITT from 1996 until the spin-off of Xylem in 2011. Xylem is a global designer, manufacturer and equipment and service provider for water and wastewater applications. Mr. Patel has served as a member of the Board of Directors of Federal Signal Corporation since October 2021. Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers.

What is Shashank Patel's net worth?

The estimated net worth of Shashank Patel is at least $3.16 million as of November 7th, 2024. Mr. Patel owns 15,635 shares of Watts Water Technologies stock worth more than $3,156,550 as of December 30th. This net worth approximation does not reflect any other assets that Mr. Patel may own. Additionally, Mr. Patel receives a salary of $1,220,000.00 as Chief Financial Officer at Watts Water Technologies. Learn More about Shashank Patel's net worth.

How old is Shashank Patel?

Mr. Patel is currently 63 years old. There are 6 older executives and no younger executives at Watts Water Technologies. Learn More on Shashank Patel's age.

What is Shashank Patel's salary?

As the Chief Financial Officer of Watts Water Technologies, Inc., Mr. Patel earns $1,220,000.00 per year. The highest earning executive at Watts Water Technologies is Mr. Andre Dhawan, Chief Operating Officer, who commands a salary of $1,310,000.00 per year. Learn More on Shashank Patel's salary.

How do I contact Shashank Patel?

The corporate mailing address for Mr. Patel and other Watts Water Technologies executives is 815 CHESTNUT ST, NORTH ANDOVER MA, 01845. Watts Water Technologies can also be reached via phone at (978) 688-1811 and via email at [email protected]. Learn More on Shashank Patel's contact information.

Has Shashank Patel been buying or selling shares of Watts Water Technologies?

During the last ninety days, Shashank Patel has sold $955,377.90 in Watts Water Technologies stock. Most recently, Shashank Patel sold 4,569 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $209.10, for a transaction totalling $955,377.90. Following the completion of the sale, the chief financial officer now directly owns 15,635 shares of the company's stock, valued at $3,269,278.50. Learn More on Shashank Patel's trading history.

Who are Watts Water Technologies' active insiders?

Watts Water Technologies' insider roster includes Michael Dubose (Director), Virginia Halloran (CAO), Timothy Horne (Major Shareholder), Kenneth Lepage (General Counsel), Elie Melhem (Insider), Munish Nanda (Insider), Joseph Noonan (Director), Robert Pagano, Jr. (CEO), and Shashank Patel (Chief Financial Officer). Learn More on Watts Water Technologies' active insiders.

Are insiders buying or selling shares of Watts Water Technologies?

During the last twelve months, insiders at the technology company sold shares 14 times. They sold a total of 45,865 shares worth more than $9,559,645.08. The most recent insider tranaction occured on November, 7th when CFO Shashank Patel sold 4,569 shares worth more than $955,377.90. Insiders at Watts Water Technologies own 1.1% of the company. Learn More about insider trades at Watts Water Technologies.

Information on this page was last updated on 11/7/2024.

Shashank Patel Insider Trading History at Watts Water Technologies

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/7/2024Sell4,569$209.10$955,377.9015,635View SEC Filing Icon  
5/22/2024Sell1,508$215.10$324,370.8020,204View SEC Filing Icon  
9/1/2023Sell2,336$190.14$444,167.0418,846View SEC Filing Icon  
7/30/2021Sell8,524$150.00$1,278,600.00View SEC Filing Icon  
See Full Table

Shashank Patel Buying and Selling Activity at Watts Water Technologies

This chart shows Shashank Patel's buying and selling at Watts Water Technologies by year and by quarter.

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Watts Water Technologies Company Overview

Watts Water Technologies logo
Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers; water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless-steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
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Today's Range

Now: $201.89
Low: $200.29
High: $203.63

50 Day Range

MA: $208.53
Low: $190.59
High: $221.50

2 Week Range

Now: $201.89
Low: $175.37
High: $222.70

Volume

26,369 shs

Average Volume

147,269 shs

Market Capitalization

$6.73 billion

P/E Ratio

24.21

Dividend Yield

0.84%

Beta

0.92