TTC - Insider Decision: Kurt Svendsen Exercises Options At Toro For $320K | Benzinga
On December 27, it was revealed in an SEC filing that Kurt Svendsen, VP at Toro (NYSE:TTC) executed a significant exercise of company stock options.
What Happened: The latest Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission uncovered Svendsen, VP at Toro, exercising stock options for 4,800 shares of TTC. The total transaction was valued at $320,135.
Currently, Toro shares are trading down 0.0%, priced at $98.07 during Thursday's morning. This values Svendsen's 4,800 shares at $320,135.
All You Need to Know About Toro
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
Breaking Down Toro's Financial Performance
Revenue Growth: Toro's revenue growth ...