Revealing a significant insider sell on May 16, Jesse Collins Jr, Group President at Arcosa (NYSE:ACA), as per the latest SEC filing.
What Happened: Jr's decision to sell 9,626 shares of Arcosa was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $853,953.
Monitoring the market, Arcosa's shares down by 0.26% at $86.59 during Friday's morning.
Delving into Arcosa's Background
Arcosa Inc is a manufacturer and producer of infrastructure-related products and services. It operates in three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment produces and sells construction aggregates and manufactures and sells trench shields and shoring products and services for infrastructure-related projects. The Transportation Products segment manufactures and sells products for the inland waterway and rail transportation industries. The Engineered Structures segment manufactures and sells products for energy-related businesses, including structural wind towers, telecommunication structures, steel utility structures for electricity transmission and distribution, and storage and distribution containers.
A Deep Dive into Arcosa's Financials
Revenue Growth: Arcosa's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an ...