A notable insider purchase on April 29, was reported by George Bilicic, Board Member at Polaris (NYSE:PII), based on the most recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday unveiled that Bilicic made a notable purchase of 1,801 shares of Polaris, valuing at $149,987.
Tracking the Tuesday's morning session, Polaris shares are trading at $86.8, showing a down of 0.0%.
Get to Know Polaris Better
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.
A Deep Dive into Polaris's Financials
Decline in Revenue: Over the 3 months period, Polaris faced challenges, resulting in a decline of approximately -20.34% in revenue growth as of 31 March, 2024. ...