In a recent SEC filing, it was revealed that Todd W Fister, Director at A.O. Smith (NYSE:AOS), made a noteworthy insider purchase on April 10,.
What Happened: Fister's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 1,626 shares of A.O. Smith. The total transaction value is $140,063.
In the Thursday's morning session, A.O. Smith's shares are currently trading at $85.89, experiencing a up of 0.42%.
All You Need to Know About A.O. Smith
A.O. Smith Corporation manufactures and markets comprehensive lines of residential and commercial gas, gas tankless, and electric water heaters. Supplementary products include water heating equipment, condensing and noncondensing boilers, and water system tanks. The company's two operating segments are by geographic region: North America (majority of total revenue) and the Rest of the World. A material portion of sales in North America derive from replacing existing products, and the company utilizes a wholesale distribution channel and multiple selling locations. The Rest of the World segment sells majorly in Asian countries and operates sales offices to expand distribution and market its product portfolio.
Key Indicators: A.O. Smith's Financial Health
Revenue Growth: A.O. Smith displayed positive results in 3 months. As of 31 December, 2023, the company achieved ...