AME - Noteworthy Insider Activity: DAVID ZAPICO Invests $1.96M In AMETEK Stock | Benzinga
It was revealed in a recent SEC filing that DAVID ZAPICO, Chief Executive Officer at AMETEK (NYSE:AME) made a noteworthy insider purchase on March 20,.
What Happened: ZAPICO demonstrated confidence in AMETEK by purchasing 10,760 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the transaction is $1,957,566.
AMETEK shares are trading down 0.0% at $184.2 at the time of this writing on Thursday morning.
All You Need to Know About AMETEK
Ametek Inc is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets, and generates major revenue. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. The majority of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
A Deep Dive into AMETEK's Financials
Revenue Growth: AMETEK's revenue ...