A Director at AO Smith is Exercising Options

Today it was reported that a Director at AO Smith (AOS), Ajita Rajendra, exercised options to sell 52,400 AOS shares at $10.77 a share, for a total transaction value of $2.46M.

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The company has a one-year high of $52.61 and a one-year low of $33.81. AOS’s market cap is $7.61 billion and the company has a P/E ratio of 23.40. The Company has a Price to Book ratio of 10.27.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $43.83, reflecting a 6.1% upside.

Ajita Rajendra’s trades have generated a -12.8% 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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A. O. Smith Corp. manufactures residential and commercial water heating equipment and air purification products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks. The Rest of World segment comprises of China, Europe, and India; and manufactures and markets water treatment products. The company was founded by Charles Jeremiah Smith in 1874 and is headquartered in Milwaukee, WI.

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