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home / articles / WAB - Sell Alert: Pascal Schweitzer Cashes Out $843K In Westinghouse Air Brake Stock | Benzinga


WAB - Sell Alert: Pascal Schweitzer Cashes Out $843K In Westinghouse Air Brake Stock | Benzinga

Pascal Schweitzer, President Transit at Westinghouse Air Brake (NYSE:WAB), disclosed an insider sell on March 13, according to a recent SEC filing.

What Happened: After conducting a thorough analysis, Schweitzer sold 6,000 shares of Westinghouse Air Brake. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total transaction value is $843,646.

As of Wednesday morning, Westinghouse Air Brake shares are down by 0.0%, currently priced at $143.08.

Discovering Westinghouse Air Brake: A Closer Look

Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the freight rail and passenger transit industries, and the mining, marine, and industrial markets. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products including electronics, positive train control equipment, signal design and engineering services. Geographically, it generates a majority of its revenue from the United States.

Key Indicators: Westinghouse Air Brake's Financial Health

Positive Revenue Trend: Examining Westinghouse Air Brake's financials over 3 ...

Full story available on Benzinga.com

Stock Information

Company Name: Westinghouse Air Brake Technologies Corporation
Stock Symbol: WAB
Market: NYSE
Website: wabteccorp.com

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