The Vice Pres.-General Counsel of Rexnord is Exercising Options

Yesterday it was reported that the Vice Pres.-General Counsel of Rexnord (RXNResearch Report), Patricia Whaley, exercised options to sell 10,000 RXN shares at $22.03 a share, for a total transaction value of $325.5K.

Following Patricia Whaley’s last RXN Sell transaction on December 03, 2019, the stock climbed by 1.4%. In addition to Patricia Whaley, one other RXN executive reported Sell trades in the last month.

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The company has a one-year high of $32.78 and a one-year low of $21.38. Currently, Rexnord has an average volume of 745.14K. RXN’s market cap is $3.92B and the company has a P/E ratio of 24.02.

The insider sentiment on Rexnord has been negative according to 62 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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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.