|Bid||55.10 x 900|
|Ask||61.05 x 800|
|Day's Range||56.69 - 57.37|
|52 Week Range||33.81 - 58.66|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||29.41|
|Earnings Date||Jan 26, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||1.04 (1.82%)|
|Ex-Dividend Date||Oct 29, 2020|
|1y Target Est||56.67|
The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Shares of A.O. Smith Inc (NYSE:AOS) moved lower by 0.9% from the previous closing price. Rajendra Ajita G filed a Form 4 with the SEC on Monday, February 11. The insider sold 116,800 shares at an average price of $53.35. After the transaction, the executive's stake in A.O. Smith Inc. moved to 91,212 shares.The Importance of Insider Transactions While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to "take some profit" and "lock in a gain."Important Transaction Codes Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. An open-market transaction means the insider went into the market of their own volition and made an active decision about the potential path for a company and its stock moving forward.Transaction codes besides P or S aren't relatively important as they are seldom tied to a decision by the executive. For example, transaction code A is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code C indicates the conversion of an option.See more from Benzinga * Click here for options trades from Benzinga * A.O. Smith: Q3 Earnings Insights * Ex-Dividend Date Insight: A.O. Smith(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.