MSM - MSC Industrial Direct Co Recent Insider Activity | Benzinga
A substantial insider sell was reported on January 31, by Mitchell Jacobson, Board Member at MSC Industrial Direct Co (NYSE:MSM), based on the recent SEC filing.
What Happened: Jacobson's decision to sell 24,501 shares of MSC Industrial Direct Co was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $2,433,295.
The latest update on Thursday morning shows MSC Industrial Direct Co shares down by 0.0%, trading at $98.68.
About MSC Industrial Direct Co
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.
Understanding the Numbers: MSC Industrial Direct Co's Finances
Revenue Growth: MSC Industrial Direct Co's revenue growth over a period of 3 months has faced challenges. As of 30 November, 2023, the company experienced a revenue decline of ...