The SVP & CTO of Albany International Corp is Exercising Options


Today, the SVP & CTO of Albany International Corp, Robert Alan Hansen, exercised options of Albany International Corp (NYSE: AIN) for $9,270.

Following Robert Alan Hansen’s last AIN Sell transaction on September 01, 2016, the stock climbed by 20.1%.

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Based on Albany International Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $230 million and quarterly net profit of $10.25 million. In comparison, last year the company earned revenue of $199 million and had a net profit of $10.84 million. AIN’s market cap is $1.99B and the company has a P/E ratio of 65.69. Currently, Albany International Corp has an average volume of 6,868.

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Albany International Corp. engages in textiles and materials processing. It operates through the Machine Clothing and Albany Engineered Composites segments.

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