Andrew Lampereur (Insider Trades), executive vice president and CFO of Actuant Corp. (ATU), bought 24,900 shares of the company on Oct. 27. The average price per share was $21.75 for a total transaction cost of $541,575. Actuant is a diversified industrial company that serves customers in more than 30 countries. The company serves a variety of niche markets including branded hydraulic tools and solutions, specialized products and services for energy markets, and highly engineered position and motion control systems. Actuant has a market cap of $1.35 billion and a P/S ratio of 1.05.
From 2012 to 2015, ATU insider sales decreased in number and volume, while ATU insider buys increased in volume. There were 18 insider sales of the company in 2012, totaling 1,166,310 shares; in comparison, there was only one insider sale of 5,117 shares so far this year. The number of ATU insider buys ranged from three to five during this time, but increased from a total of 10,417 shares to 72,176 shares. Continue Reading »