The SVP & CFO of Rexnord Corporation (NYSE: RXN) is Selling Shares

Today, the SVP & CFO of Rexnord Corporation (RXNResearch Report), Mark W. Peterson, sold shares of RXN for $201.5K.

Following Mark W. Peterson’s last RXN Sell transaction on September 04, 2015, the stock climbed by 8.2%. In addition to Mark W. Peterson, 8 other RXN executives reported Sell trades in the last month.

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RXN’s market cap is $2.91B and the company has a P/E ratio of 104.62. Currently, Rexnord Corporation has an average volume of 319.4K.

Mark W. Peterson’s trades have generated a 6.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. It operates through the Process and Motion Control, and Water Management segments.

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