PII - Polaris Board Member Trades Company's Stock | Benzinga
A significant insider buy by BERND KESSLER, Board Member at Polaris (NYSE:PII), was executed on April 29, and reported in the recent SEC filing.
What Happened: KESSLER demonstrated confidence in Polaris by purchasing 1,801 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the transaction is $149,987.
Tracking the Tuesday's morning session, Polaris shares are trading at $86.71, showing a down of 0.1%.
Unveiling the Story Behind Polaris
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
Polaris's Financial Performance
Negative Revenue Trend: Examining Polaris's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -20.34% in ...