Altra Industrial Motion Corp. (AIMC): Gerald P Ferris , V.P. Global Sales of Altra Industrial Motion Corp. sold 1,314 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $30.00 per share for a total value of $39,420.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2016, Lyle G. Ganske (director) sold 8,000 shares at $25.44 per share price.On Dec 17, 2015, James H Jr Woodward (director) sold 3,596 shares at $25.67 per share price.Also, On Mar 18, 2015, Larry Mcpherson (director) sold 7,500 shares at $27.11 per share price.
Altra Industrial Motion Corp: On Monday, May 2, 2016 heightened volatility was witnessed in Altra Industrial Motion Corp which led to swings in the share price. The shares opened for trading at $28.99 and hit $29.67 on the upside , eventually ending the session at $29.28, with a gain of 2.02% or 0.58 points. The heightened volatility saw the trading volume jump to 1,30,049 shares. The 52-week high of the share price is $30 and the company has a market cap of $760 M . The 52-week low of the share price is at $20.55.
Altra Industrial Motion Corp. is a global designer producer and marketer of a range of mechanical power transmission components. The Company’s product portfolio includes clutches and brakes couplings and gearing and power transmission components. It operates in three segments: couplings clutches and brakes and gearing and power transmission components. The Company’s various coupling products include gear couplings diaphragm and disc couplings elastomeric couplings miniature and precision couplings as well as universal joints mill spindles and shaft locking devices. Its clutches and brakes products include electromagnetic clutch and brakes overrunning clutches and heavy duty clutches and brakes. Its gearing and power transmission components include gears bearing assemblies and belted drives. The Company offers its products under various brand names such as Ameridrives Ameridrives Power Transmission Bibby Warner Electric Inertia Dynamics and Matrix among others.