Altra Industrial Motion Corp (NASDAQ:AIMC), saw two insiders raise their exposure to the company through transactions officially filed today, August 14th. Director Lyle G. Ganske purchased 1,048 shares at an average price of $32.93 per share; while Director Thomas W. Swidarski bought 456 shares of common stock, also at an average of $32.93 per share. Following the completion of these filings, Ganske now has 21,624 shares invested in the company directly, and has 3,986 shares involved indirectly; and Swidarski has a total of 456 shares directly.
An $881.81 million market cap company, Altra Industrial Motion Corp (NASDAQ:AIMC) is a global designer, producer and marketer of a range of mechanical power transmission (MPT), and motion control products serving customers in a range of industries, including energy, general industrial, material handling, mining, transportation, and turf and garden.
The largest outside investment in the company comes from Michael Johnston‘s Steelhead Partners, which holds 9,875,000 shares worth about $14 million invested in Altra Industrial Motion Corp (NASDAQ:AIMC).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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