A Director at Briggs & Stratton Corp (BGG) is Buying Shares


Today, a Director at Briggs & Stratton Corp (BGG), Frank Jaehnert, bought shares of BGG for $120.4K.

This recent transaction increases Frank Jaehnert’s holding in the company by 66.67% to a total of $304K.

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Based on Briggs & Stratton Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $505 million and GAAP net loss of $2.6 million. In comparison, last year the company earned revenue of $446 million and had a GAAP net loss of $16.49 million. Currently, Briggs & Stratton Corp has an average volume of 580.8K.

The insider sentiment on Briggs & Stratton Corp has been positive according to 28 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Briggs & Stratton Corp. engages in the design, manufacture, and distribution of gasoline engines and outdoor powered equipment. It operates through Engines, and Products segments. The Engines segment produces four-cycle aluminum alloy gasoline engines which are used in the production of walk-behind and riding lawn mowers, garden tillers, and snow throwers.

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