BC - Insider Confidence On Display: Joseph W McClanathan Acquires $72K In Brunswick Stock | Benzinga
It was revealed in a recent SEC filing that Joseph W McClanathan, Director at Brunswick (NYSE:BC) made a noteworthy insider purchase on May 1,.
What Happened: McClanathan's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 895 shares of Brunswick. The total transaction value is $72,172.
At Thursday morning, Brunswick shares are down by 0.29%, trading at $80.1.
Discovering Brunswick: A Closer Look
Brunswick is a leading manufacturer in the marine recreation industry. The firm has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.
Financial Insights: Brunswick
Positive Revenue Trend: Examining Brunswick's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.23% as of 31 March, 2024, showcasing a substantial ...