What Did This CEO Just Do with Personal Shares of Arvinmeritor (NYSE: MTOR)?

Today, the CEO & President of Arvinmeritor (NYSE: MTOR), Jeffrey Craig, sold shares of MTOR for $523K.

Following Jeffrey Craig’s last MTOR Sell transaction on December 03, 2015, the stock climbed by 13.9%. In addition to Jeffrey Craig, one other MTOR executive reported Sell trades in the last month.

Based on Arvinmeritor’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $922 million and quarterly net profit of $239 million. In comparison, last year the company earned revenue of $728 million and had a net profit of $452 million. The company has a one-year high of $27.96 and a one-year low of $12.38. MTOR’s market cap is $2.09B and the company has a P/E ratio of 6.60.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $28, reflecting a -16.3% downside.

The insider sentiment on Arvinmeritor has been negative according to 42 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 Commercial Truck and Industrial, and Aftermarket and Trailer segments.