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Insider Trends: Insider Adds to Selling Trend at A O Smith

05/11/2021 11:44

03:40 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Patricia K Ackerman, SVP, Ir, Treasurer and Crs, executed a sale of 2,300 shares in A O Smith (AOS) for $166,857. Ackerman, after the transactions defined in the SEC Form 4 filing, owns 1,209 shares of company stock, which have a market value of $87,350 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 60 insider transactions reported to the SEC for A O Smith. These transactions came from the activities of 20 separate insiders that resulted in a net disposition of 19,959 company shares. Relative to the preceding 90-day window of time, there were 14 transactions from 5 insiders and resulted in the net disposition of 6,620 shares.

This is a lower level of transactions than the peer group average in the 49-company Electrical Components & Equipment peer group over the last 90-day period. Within the peer group activity averaged 92.2 transactions per company, and disposition of 78,241 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/91142/000009114221000086/xslF345X03/edgar.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.