The VP, VTS of Modine (NYSE: MOD) is Selling Shares

By Carrie Williams

Today, the VP, VTS of Modine (NYSE: MOD), Holger Schwab, sold shares of MOD for $171.2K.

In addition to Holger Schwab, 3 other MOD executives reported Sell trades in the last month.

Based on Modine’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $508 million and quarterly net profit of $15.8 million. In comparison, last year the company earned revenue of $318 million and had a GAAP net loss of $4.1 million. The company has a one-year high of $23.95 and a one-year low of $10.10. MOD’s market cap is $1.08B and the company has a P/E ratio of 25.35.

In the last 30 days, insiders have sold $171.2K worth of MOD shares and purchased $264.9K worth of MOD shares. The insider sentiment on Modine has been positive according to 65 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Modine Manufacturing Co. develops and manufactures thermal management components and systems. It engages in providing heating and cooling technology and solutions to diversified global markets.