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Actuant Corporation Message Board

  • nadsmis nadsmis Oct 25, 2013 1:52 PM Flag

    insiders dumping ATU stock. i am out...

    well, this was enough for me. my conscience bothered me anyway about holding ATU. i can no longer tolerate dirty money. enough to be made with other stock investments. the dividend is a joke and a gimmick done only to put ATU on investment community anti-radar. this is not a share holder friendly company. they are good only to themselves. now, even their high end management is cashing in leaving stock holders high and dry. the fat butt CEO Bobby A. the yacht boy sold off and now Andy L. dumped 100%. he is the CFO of the company. what does that tell us? i dumped all mine today at $37.85 PPS. will not be back. have copied the ATU report from theStreet analyst group...

    Lampereur Andrew who is Executive Vice President - CFO at Actuant sold 28,048 shares at $37.51 on Oct. 15, 2013. Following this transaction, the Executive Vice President - CFO owned 0 shares meaning that the stake was reduced by 100% with the 28,048 share transaction.

    The shares most recently traded at $37.73, up $0.22, or 0.58% since the insider transaction. Historical insider transactions for Actuant go as follows:

    ■12-Week # shares sold: 25,000
    ■24-Week # shares sold: 70,000

    Sentiment: Strong Sell

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