Smith A O Corp (AOS): John J Kita , Executive Vice President & CFO of Smith A O Corp sold 11,000 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $80.55 per share for a total value of $886,042.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, Ronald D Brown (director) sold 4,000 shares at $80.69 per share price.On May 17, 2016, Paul W Jones (director) sold 80,400 shares at $78.77 per share price.Also, On May 16, 2016, Idelle K Wolf (director) sold 1,871 shares at $79.00 per share price.On May 3, 2016, Wei Ding (Pres. AOSCIC; Manager AOSCWHC) sold 8,182 shares at $78.16 per share price.
Shares of A. O. Smith Corp (AOS) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.6 points or -0.75% at $79.6 with 6,45,504 shares getting traded. Post opening the session at $79.65, the shares hit an intraday low of $78.67 and an intraday high of $79.95 and the price vacillated in this range throughout the day. The company has a market cap of $6,969 M and the number of outstanding shares has been calculated to be 8,75,44,304 shares. The 52-week high of A. O. Smith Corp is $82.285 and the 52-week low is $50.09.
Company has been under the radar of several Street Analysts.A. O. Smith Corp is Initiated by Northcoast to Buy. The Rating was issued on Mar 8, 2016.
A. O. Smith Corporation operates its business through two segments which include North America and Rest of World. Both segments manufacture and market a range of residential gas gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment condensing and non-condensing boilers and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products including water heaters boilers and others. The Rest of World segment manufactures and markets water treatment products primarily in Asia. The Rest of World segment includes China Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering including electric gas gas tankless heat pump and solar units as well as combi boilers.