AME - Smart Money Move: Ronald Oscher Grabs $232K Worth Of AMETEK Stock | Benzinga
In a recent SEC filing, it was revealed that Ronald Oscher, Chief Administrative Officer at AMETEK (NYSE:AME), made a noteworthy insider purchase on March 20,.
What Happened: Oscher's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 1,280 shares of AMETEK. The total transaction value is $232,870.
In the Thursday's morning session, AMETEK's shares are currently trading at $185.68, experiencing a up of 0.8%.
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.
Key Indicators: AMETEK's Financial Health
Revenue Growth: AMETEK displayed positive results ...