APPLIED INDUSTRIAL TECH ($AIT) posted quarterly earnings results on Thursday, May 1st. The company reported earnings of $2.57 per share, beating estimates of $2.43 by $0.14. The company also reported revenue of $1,166,750,000, missing estimates of $1,184,002,800 by $-17,252,800.
You can see Quiver Quantitative's $AIT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
APPLIED INDUSTRIAL TECH Insider Trading Activity
APPLIED INDUSTRIAL TECH insiders have traded $AIT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $AIT stock by insiders over the last 6 months:
- NEIL A SCHRIMSHER (President and CEO) sold 10,680 shares for an estimated $2,874,842
- WARREN E III HOFFNER (VP, General Mgr-Fluid Power) sold 4,000 shares for an estimated $1,126,560
- JASON W VASQUEZ (VP-Sales & Marketing-USSC) sold 4,475 shares for an estimated $1,110,259
- MARY DEAN HALL sold 2,200 shares for an estimated $605,167
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
APPLIED INDUSTRIAL TECH Hedge Fund Activity
We have seen 280 institutional investors add shares of APPLIED INDUSTRIAL TECH stock to their portfolio, and 183 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 300,413 shares (-15.5%) from their portfolio in Q4 2024, for an estimated $71,939,901
- AMERIPRISE FINANCIAL INC removed 289,082 shares (-74.2%) from their portfolio in Q4 2024, for an estimated $69,226,466
- FIDUCIARY MANAGEMENT INC /WI/ removed 287,130 shares (-54.1%) from their portfolio in Q4 2024, for an estimated $68,759,021
- HENNESSY ADVISORS INC removed 206,500 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $49,450,555
- PRICE T ROWE ASSOCIATES INC /MD/ added 206,220 shares (+199.4%) to their portfolio in Q4 2024, for an estimated $49,383,503
- AMERICAN CENTURY COMPANIES INC removed 170,492 shares (-52.9%) from their portfolio in Q4 2024, for an estimated $40,827,719
- GOLDMAN SACHS GROUP INC added 166,077 shares (+83.0%) to their portfolio in Q4 2024, for an estimated $39,770,459
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
APPLIED INDUSTRIAL TECH Government Contracts
We have seen $2,359,915 of award payments to $AIT over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- C BAY HYDRAULIC PUMP REPAIR AND REPLACEMENT: $662,000
- TIMKEN BEARINGS: $151,751
- GEAR REDUCER: $103,461
- ASSETS IN SUPPORT OF THE NAS: $79,728
- POND AERATOR DRIVE SUPPLIES: $63,809
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
APPLIED INDUSTRIAL TECH Congressional Stock Trading
Members of Congress have traded $AIT stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $AIT stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 3 purchases worth up to $115,000 on 02/03, 01/02 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
APPLIED INDUSTRIAL TECH Analyst Ratings
Wall Street analysts have issued reports on $AIT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Bank of America Securities issued a "Buy" rating on 11/26/2024
- Oppenheimer issued a "Outperform" rating on 11/22/2024
To track analyst ratings and price targets for APPLIED INDUSTRIAL TECH, check out Quiver Quantitative's $AIT forecast page.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
