CARR - Carrier Global President Trades $12.30M In Company Stock | Benzinga
It was reported on May 1, that Jurgen Timperman, President at Carrier Global (NYSE:CARR) executed a significant insider sell, according to an SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Timperman executed a sale of 198,773 shares of Carrier Global with a total value of $12,302,251.
As of Thursday morning, Carrier Global shares are down by 0.61%, currently priced at $60.56.
All You Need to Know About Carrier Global
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
Carrier Global's Economic Impact: An Analysis
Revenue Growth: Over the 3 months period, Carrier Global showcased positive performance, achieving a revenue growth rate of 17.24% ...