The SVP, Strategy & Corporate Dev. of AO Smith Corp is Exercising Options


Today, the SVP, Strategy & Corporate Dev. of AO Smith Corp, Charles Lauber, exercised options of AO Smith Corp (NYSE: AOS) for $389.8K.

Following Charles Lauber’s last AOS Sell transaction on November 03, 2017, the stock climbed by 3.8%. In addition to Charles Lauber, 4 other AOS executives reported Sell trades in the last month.

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Based on AO Smith Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $788 million and quarterly net profit of $98.8 million. In comparison, last year the company earned revenue of $740 million and had a net profit of $87.7 million. AOS’s market cap is $10.78B and the company has a P/E ratio of 35.58. Currently, AO Smith Corp has an average volume of 1.26M.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $72.00, reflecting a -11.7% downside.

The insider sentiment on AO Smith Corp has been negative according to 55 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 North America and Rest of World segments. The North America segment manufactures and globally markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks.

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