AAON - Insider Unloading: Norman H Asbjornson Sells $6.34M Worth Of AAON Shares | Benzinga
Norman H Asbjornson, Director at AAON (NASDAQ:AAON), executed a substantial insider sell on December 7, according to an SEC filing.
What Happened: Asbjornson's decision to sell 99,884 shares of AAON was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $6,340,636.
The latest market snapshot at Friday morning reveals AAON shares down by 0.0%, trading at $65.23.
About AAON
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.
AAON: Delving into Financials
Revenue Growth: AAON's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 28.59%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Profitability Metrics: ...