NDSN - Noteworthy Insider Activity: Annette K Clayton Invests $98K In Nordson Stock | Benzinga
Annette K Clayton, Board Member at Nordson (NASDAQ:NDSN), disclosed an insider purchase on April 3, based on a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Clayton purchased 362 shares of Nordson, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $98,351.
Nordson shares are trading down 0.0% at $270.27 at the time of this writing on Wednesday morning.
Discovering Nordson: A Closer Look
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Key Indicators: Nordson's Financial Health
Revenue Growth: Nordson's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2024, the company achieved a revenue growth rate of approximately 3.72%. This indicates a substantial increase ...