Insider Selling: AAON, Inc. (AAON) VP Sells $44,166.72 in Stock

AAON, Inc. (NASDAQ:AAON) VP Sam Neale sold 1,248 shares of AAON stock in a transaction dated Tuesday, March 14th. The stock was sold at an average price of $35.39, for a total value of $44,166.72. Following the completion of the transaction, the vice president now owns 23,443 shares in the company, valued at approximately $829,647.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of AAON, Inc. (NASDAQ:AAON) traded up 0.27% on Monday, reaching $36.65. The company had a trading volume of 4,701 shares. The stock’s 50 day moving average is $34.65 and its 200 day moving average is $31.86. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 36.65 and a beta of 0.98. AAON, Inc. has a 52 week low of $25.33 and a 52 week high of $37.05.

AAON (NASDAQ:AAON) last issued its quarterly earnings results on Thursday, February 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.25 by $0.04. AAON had a return on equity of 28.03% and a net margin of 13.81%. The business earned $91.70 million during the quarter, compared to analysts’ expectations of $100.08 million. During the same quarter in the previous year, the company posted $0.24 EPS. The company’s quarterly revenue was down 5.7% on a year-over-year basis. On average, equities analysts anticipate that AAON, Inc. will post $1.10 EPS for the current year.

Insider Buying and Selling by Quarter for AAON (NASDAQ:AAON)

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Large investors have recently modified their holdings of the company. Norges Bank acquired a new stake in shares of AAON during the fourth quarter worth about $11,494,000. Thrivent Financial for Lutherans raised its stake in shares of AAON by 5.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 21,462 shares of the company’s stock worth $709,000 after buying an additional 1,160 shares during the last quarter. Congress Asset Management Co. MA acquired a new stake in shares of AAON during the fourth quarter worth about $567,000. Wexford Capital LP acquired a new stake in shares of AAON during the fourth quarter worth about $397,000. Finally, Janus Capital Management LLC raised its stake in shares of AAON by 5.6% in the fourth quarter. Janus Capital Management LLC now owns 181,087 shares of the company’s stock worth $5,985,000 after buying an additional 9,574 shares during the last quarter. Institutional investors and hedge funds own 59.44% of the company’s stock.

Separately, Zacks Investment Research upgraded AAON from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a report on Monday, February 27th.

AAON Company Profile

AAON, Inc (AAON) is engaged in the manufacture and sale of air-conditioning and heating equipment. The Company’s products consist of rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, self-contained units and coils.

5 Day Chart for NASDAQ:AAON

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