Today, the CEO of Astec Industries (NASDAQ: ASTE), Benjamin Brock, sold shares of ASTE for $1.23M.
See today’s analyst top recommended stocks >>
Based on Astec Industries’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $325 million and quarterly net profit of $20.27 million. In comparison, last year the company earned revenue of $318 million and had a net profit of $15.12 million. ASTE’s market cap is $1.27B and the company has a P/E ratio of 29.87. Currently, Astec Industries has an average volume of 52.76K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $66.33, reflecting a -15.2% downside.
The insider sentiment on Astec Industries has been negative according to 35 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building, utility and related construction activities as well as other products. It operates through the following segments: Infrastructure Group; Aggregate and Mining Group; and Energy Group.
