The President & CEO of Archrock (NYSE: AROC) is Buying Shares

By Carrie Williams

Today, the President & CEO of Archrock (AROCResearch Report), Bradley Childers, bought shares of AROC for $98.69K.

This recent transaction increases Bradley Childers’ holding in the company by 1% to a total of $10.34 million. In addition to Bradley Childers, one other AROC executive reported Buy trades in the last month.

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Based on Archrock’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $238 million and quarterly net profit of $11.16 million. In comparison, last year the company earned revenue of $227 million and had a net profit of $1.78 million. Currently, Archrock has an average volume of 843.62K. The company has a one-year high of $13.25 and a one-year low of $7.26.

Starting in October 2018, AROC received 9 Buy ratings in a row.

Bradley Childers’ trades have generated a 12.4% 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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Archrock, Inc. engages in the provision of operations, maintenance, service, and equipment for oil and natural gas production, processing, and transportation applications. It operates through the Contract Operations and Aftermarket Services segments.