The SVP-Bus.&Corp. Development of Rexnord Corporation (NYSE: RXN) is Selling Shares

By Carrie Williams

Today, the SVP-Bus.&Corp. Development of Rexnord Corporation (RXNResearch Report), Rodney Jackson, sold shares of RXN for $109K.

Following Rodney Jackson’s last RXN Sell transaction on August 20, 2015, the stock climbed by 7.3%. In addition to Rodney Jackson, 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.

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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.