Ampco-Pittsburgh Corp. CEO Sells $141,567 in Stock (AP)
Ampco-Pittsburgh Corp. (NYSE:AP) CEO Robert Paul sold 7,245 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $19.54, for a total transaction of $141,567.30. Following the sale, the chief executive officer now directly owns 42,889 shares in the company, valued at approximately $838,051. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Ampco-Pittsburgh Corp. (NYSE:AP) traded down 0.98% on Thursday, hitting $19.26. 16,588 shares of the company’s stock traded hands. Ampco-Pittsburgh Corp. has a 52-week low of $16.24 and a 52-week high of $21.02. The stock has a 50-day moving average of $18.6 and a 200-day moving average of $18.47. The company has a market cap of $199.6 million and a P/E ratio of 11.72.
Ampco-Pittsburgh Corp. (NYSE:AP) last posted its quarterly earnings results on Monday, October 28th. The company reported $1.22 EPS for the quarter. The company had revenue of $64.43 million for the quarter, compared to the consensus estimate of $72.19 million.
The company also recently announced a quarterly dividend, which is scheduled for Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Monday, January 13th.
Ampco-Pittsburgh Corporation operates in two segments: Forged and Cast Rolls, and Air and Liquid Processing.
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