MOD - Modine Manufacturing Insider Trades Send A Signal | Benzinga
Making a noteworthy insider sell on April 1, Jon Brian Agen, VP at Modine Manufacturing (NYSE:MOD), is reported in the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Agen sold 16,799 shares of Modine Manufacturing. The total transaction value is $1,606,584.
As of Tuesday morning, Modine Manufacturing shares are down by 2.57%, currently priced at $91.5.
Get to Know Modine Manufacturing Better
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.
A Deep Dive into Modine Manufacturing's Financials
Positive Revenue Trend: Examining Modine Manufacturing's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.25% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth ...