Ametek (AME) - FREE Research Report

Varet Elizebeth R who is Director at Ametek sold 2,000 shares at $48.31 on Nov. 6, 2013. Following this transaction, the Director owned 123,490 shares meaning that the stake was reduced by 1.59% with the 2,000 share transaction.

The shares most recently traded at $48.81, up $0.50, or 1.02% since the insider transaction. Historical insider transactions for Ametek go as follows:

  • 4-Week # shares sold: 1,000
  • 12-Week # shares sold: 11,000
  • 24-Week # shares sold: 21,000

The average volume for Ametek has been 1.8 million shares per day over the past 30 days. Ametek has a market cap of $11.7 billion and is part of the industrial goods sector and industrial industry. Shares are up 27.52% year to date as of the close of trading on Wednesday.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. The stock currently has a dividend yield of 0.5%. The company has a P/E ratio of 23.5. Currently there are 5 analysts that rate Ametek a buy, no analysts rate it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on AME - FREE

TheStreet Quant Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ametek Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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