What Did This CEO Just Do with Personal Shares of Rexnord Corporation (NYSE: RXN)?

Today, the President & CEO of Rexnord Corporation (RXNResearch Report), Todd Adams, sold shares of RXN for $2.88M.

Following Todd Adams’ last RXN Sell transaction on September 03, 2015, the stock climbed by 7.9%. In addition to Todd Adams, 2 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.

Todd Adams’ trades have generated a -1.1% 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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