JCI - NATHAN MANNING Of Johnson Controls Intl Shows Optimism Buys $975K In Stock | Benzinga
On December 20, a substantial insider purchase was made by NATHAN MANNING, COO at Johnson Controls Intl (NYSE:JCI), as per the latest SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, MANNING purchased 18,595 shares of Johnson Controls Intl, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $975,164.
The latest market snapshot at Wednesday morning reveals Johnson Controls Intl shares down by 1.15%, trading at $53.5.
All You Need to Know About Johnson Controls Intl
Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.
A Deep Dive into Johnson Controls Intl's Financials
Revenue Growth: Johnson Controls Intl's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -3.18%. This indicates a decrease ...