Making a noteworthy insider sell on February 13, Mark W Peterson, SVP & Chief Financial Officer at Zurn Elkay Water (NYSE:ZWS), is reported in the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Peterson sold 143,727 shares of Zurn Elkay Water. The total transaction amounted to $4,674,872.
As of Tuesday morning, Zurn Elkay Water shares are down by 3.36%, currently priced at $31.25.
Unveiling the Story Behind Zurn Elkay Water
Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.
Zurn Elkay Water: Financial Performance Dissected
Revenue Growth: Zurn Elkay Water's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 4.85%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate ...