Today, a Director at Tenneco Automotive (TEN), Dennis Letham, bought shares of TEN for $92.6K.
This recent transaction increases Dennis Letham’s holding in the company by 26.86% to a total of $446.8K. This is Letham’s first transaction since reporting a Buy transaction on EXR back in November 2016
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Based on Tenneco Automotive’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $4.48 billion and GAAP net loss of $117 million. In comparison, last year the company earned revenue of $2.54 billion and had a net profit of $50 million. Currently, Tenneco Automotive has an average volume of 1.86M.
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Tenneco, Inc. engages in the design, manufacture, and distribution of engineered products for both original equipment vehicle manufacturers and the repair and replacement markets. It operates through the following segments: North America Clean Air; North America Ride Performance; Europe, South America, and India Clean Air; Europe, South America, and India Ride Performance; Asia Pacific Clean Air; and Asia Pacific Ride Performance. Its brands include Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, and Fric-Rot for ride control products; and Walker, Fonos, DynoMax, Thrush, and Lukey for emission control products. The company was founded on April 1, 1940 and is headquartered in Lake Forest, IL.
