The SVP, HR & CIO of Meritor is Exercising Options

Yesterday it was reported that the SVP, HR & CIO of Meritor (MTORResearch Report), Timothy Heffron, exercised options to sell 63,236 MTOR shares for a total transaction value of $1.54M.

Following Timothy Heffron’s last MTOR Sell transaction on February 21, 2019, the stock climbed by 1.6%. In addition to Timothy Heffron, one other MTOR executive reported Sell trades in the last month.

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The company has a one-year high of $25.90 and a one-year low of $15.03. Currently, Meritor has an average volume of 894.84K. MTOR’s market cap is $1.85B and the company has a P/E ratio of 6.99.

The insider sentiment on Meritor has been negative according to 34 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Meritor, Inc. engages in the design, production, and trade of integrated systems, modules, and components to original equipment manufacturers. It operates through the following segments: Commercial Truck and Trailer, and Aftermarket and Industrial.