The V. President of Allegion (ALLE) is Selling Shares

Today, the V. President of Allegion (NYSE: ALLE), Douglas Ranck, sold shares of ALLE for $287.3K.

Following Douglas Ranck’s last ALLE Sell transaction on March 09, 2018, the stock climbed by 2.9%.

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Based on Allegion’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $705 million and quarterly net profit of $114 million. In comparison, last year the company earned revenue of $627 million and had a net profit of $106 million. ALLE’s market cap is $8.52B and the company has a P/E ratio of 29.80. Currently, Allegion has an average volume of 420.1K.

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Allegion Plc engages in the manufacture and sale of mechanical and electronic security products and solutions. It operates through the following geographic segments: Americas; Middle East, India, and Africa (EMEIA); and Asia Pacific.