The VP, Finance & CFO of Aaon Inc (AAON) is Buying Shares

Yesterday, the VP, Finance & CFO of Aaon Inc (AAON), Scott Asbjornson, bought shares of AAON for $738.8K.

In addition to Scott Asbjornson, 7 other AAON executives reported Buy trades in the last month. This is Asbjornson’s first Buy trade following 4 Sell transactions.

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Based on Aaon Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $119 million and quarterly net profit of $12.96 million. In comparison, last year the company earned revenue of $110 million and had a net profit of $11.69 million. The company has a one-year high of $53.27 and a one-year low of $31.55. AAON’s market cap is $2.64B and the company has a P/E ratio of 52.77.

In the last 30 days, insiders have sold $1.42M worth of AAON shares and purchased $1.93M worth of AAON shares. The insider sentiment on Aaon Inc has been positive according to 62 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Scott Asbjornson’s trades have generated a -8.6% 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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AAON, Inc. engages in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment. It consists of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, and geothermal/water-source heat pumps and coils.

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