A Director at AO Smith Corp (AOS) is Buying Shares


Today, a Director at AO Smith Corp (AOS), Bruce M. Smith, bought shares of AOS for $268.1K.

Following Bruce M. Smith’s last AOS Buy transaction on December 01, 2014, the stock climbed by 28.0%. This recent transaction increases Bruce M. Smith’s holding in the company by 26.35% to a total of $1.29 million.

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AOS’s market cap is $9.02B and the company has a P/E ratio of 21.13. Currently, AO Smith Corp has an average volume of 1.57M.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $58.50, reflecting a 12.8% upside. Three different firms, including D.A. Davidson and KeyBanc, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $736.2K worth of AOS shares and purchased $268.1K worth of AOS shares. The insider sentiment on AO Smith Corp has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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A. O. Smith Corp. manufactures residential and commercial water heating equipment and air purification products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks.

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