A Director at Altra Industrial Motion Corp (NASDAQ: AIMC) is Selling Shares

By Carrie Williams

Today, a Director at Altra Industrial Motion Corp (AIMCResearch Report), Larry Mcpherson, sold shares of AIMC for $252K.

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Based on Altra Industrial Motion Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $467 million and quarterly net profit of $29 million. In comparison, last year the company earned revenue of $237 million and had a net profit of $19.01 million. The company has a one-year high of $44.05 and a one-year low of $23.52. Currently, Altra Industrial Motion Corp has an average volume of 518.51K.

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Altra Industrial Motion Corp. designs, produces and markets electromechanical power transmission motion control. It operates through the Power Transmission Technologies; and Automation and Specialty segments. The Power Transmission Technologies segment includes couplings, clutches and brakes; electromagnetic clutches and brakes; and gearing.