The CFO of Altra Holdings (AIMC) is Selling Shares


Today, the CFO of Altra Holdings (AIMC), Christian Storch, sold shares of AIMC for $691.5K.

Following Christian Storch’s last AIMC Sell transaction on October 27, 2016, the stock climbed by 8.6%.

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Based on Altra Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $483 million and quarterly net profit of $35.2 million. In comparison, last year the company earned revenue of $240 million and had a net profit of $9 million. AIMC’s market cap is $2.35B and the company has a P/E ratio of 24.33. Currently, Altra Holdings has an average volume of 634.3K.

Christian Storch’s trades have generated a 9.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Altra Industrial Motion Corp. designs, produces and markets electromechanical power transmission motion control. It operates through the Power Transmission Technologies; and Automation and Specialty segments. The Power Transmission Technologies segment includes couplings, clutches and brakes; electromagnetic clutches and brakes; and gearing.

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