It was reported on February 16, that Brian Hehir, Director at Westinghouse Air Brake (NYSE:WAB) executed a significant insider sell, according to an SEC filing.
What Happened: After conducting a thorough analysis, Hehir sold 5,470 shares of Westinghouse Air Brake. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The total transaction value is $742,839.
Westinghouse Air Brake's shares are actively trading at $133.96, experiencing a down of 0.0% during Friday's morning session.
Discovering Westinghouse Air Brake: A Closer Look
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.
Key Indicators: Westinghouse Air Brake's Financial Health
Revenue Growth: Over the 3 months period, Westinghouse Air Brake showcased positive performance, achieving a revenue growth rate of 9.54% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a ...