The VP & President- Motion Sys. Gr of Parker Hannifin (NYSE: PH) is Buying Shares

By Carrie Williams

Today, the VP & President- Motion Sys. Gr of Parker Hannifin (PHResearch Report), Parmentier Jennifer, bought shares of PH for $48.05K.

Following Parmentier Jennifer A’s last PH Buy transaction on September 13, 2019, the stock climbed by 17.8%. In addition to Parmentier Jennifer, 7 other PH executives reported Buy trades in the last month.

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The company has a one-year high of $201.38 and a one-year low of $140.82. Currently, Parker Hannifin has an average volume of 894.50K. PH’s market cap is $25.6B and the company has a P/E ratio of 17.68.

Three different firms, including BMO Capital and Deutsche Bank, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $5.65M worth of PH shares and purchased $3.38M worth of PH shares. The insider sentiment on Parker Hannifin has been negative according to 72 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The firm also provides engineered solutions for mobile, industrial, and aerospace markets. It operates through the following segments: Diversified Industrial and Aerospace Systems.