Casey Kidwell Sells 1607 Shares of AAON, Stock in 2023.
March 15, 2023
Trending News ☀️
In 2023, Casey Kidwell has sold 1607 shares of AAON ($NASDAQ:AAON), Inc. stock. AAON, Inc. is a leading producer and marketer of heating and cooling products for residential and commercial buildings. This could be due to many reasons, such as needing to liquidate some of his holdings in order to diversify his portfolio or to pay off some financial obligations. It could also be an indication that he is no longer confident in the prospects of the company and would like to take the profits he has earned over the years. Whatever the motivation behind the sale may be, it is likely that the company’s stock price will be affected as a result.
Analysts have stated that this news does not reflect poorly on AAON, Inc.’s financial stability or future prospects. Despite the decrease in ownership, the company remains strong and well-positioned for continued success. Investors should keep an eye on AAON, Inc.’s performance to see if the stock price rebounds following this news.
Price History
This move came at a time when the media sentiment surrounding AAON was largely positive. On the day of the sale, the stock opened at $88.0 and closed at $87.9, down by 2.8% from its prior closing price of 90.5. This slight stock dip likely didn’t influence Kidwell’s decision to sell, and it remains unclear why the move was made. aaon“>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aaon. aaon“>More…
| Total Revenues | Net Income | Net Margin |
| 888.79 | 100.38 | 11.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aaon. aaon“>More…
| Operations | Investing | Financing |
| 61.32 | -76.21 | 17.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aaon. aaon“>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 813.9 | 253.19 | 10.5 |
Key Ratios Snapshot
Some of the financial key ratios for Aaon are shown below. aaon“>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.7% | 23.1% | 14.4% |
| FCF Margin | ROE | ROA |
| -1.7% | 14.7% | 9.8% |
Analysis
At GoodWhale, we recently conducted an analysis of AAON in terms of financial and business risk. After careful consideration, it is our opinion that AAON is a high risk investment. Specifically, our Risk Rating system has identified two key risk warnings in the income sheet and non-financial components. To gain access to the full details of our analysis, please become a registered user on our platform. Once logged in, you can explore our detailed findings and use our Risk Rating system to assess potential investments. aaon“>More…
Peers
The competition between AAON Inc and its competitors is fierce. Each company is trying to get a leg up on the other by offering better products and services. Kyoritsu Air Tech Inc, Harbin Air Conditioning Co Ltd, and Zhejiang Langdi Group Co Ltd are all major players in the industry, and they are all constantly innovating to stay ahead of the competition.
– Kyoritsu Air Tech Inc ($TSE:5997)
Kyoritsu Air Tech Inc has a market cap of 2.25B as of 2022, a Return on Equity of 4.9%. The company is engaged in the manufacture and sale of air conditioning equipment and related products. The company’s products are used in a variety of industries, including commercial, industrial, and residential. Kyoritsu Air Tech’s products are sold through a network of distributors and dealers in Japan and overseas.
– Harbin Air Conditioning Co Ltd ($SHSE:600202)
Harbin Air Conditioning Co Ltd is a Chinese company that manufactures air conditioners. The company has a market capitalization of 1.97 billion as of 2022 and a return on equity of 4.63%. The company’s products are sold in over 60 countries and regions. Harbin Air Conditioning Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.
– Zhejiang Langdi Group Co Ltd ($SHSE:603726)
Zhejiang Langdi Group Co Ltd is a Chinese company that manufactures and sells construction materials. The company has a market cap of 2.88 billion as of 2022 and a return on equity of 7.03%. The company’s products include concrete, bricks, tiles, and other building materials.
Summary
AAON, Inc. is a leading HVAC manufacturer based in Oklahoma. In 2023, Casey Kidwell Sells sold 1607 shares of AAON, Inc. stock. Currently, the sentiment around investing in AAON is generally positive, with many investors believing that the company is well-positioned to benefit from the increasing demand for HVAC systems as economies around the world recover from the pandemic. Analysts have also noted that AAON’s strong balance sheet and recent acquisitions have further strengthened the company’s competitive position in the industry.
Furthermore, AAON has recently announced a new marketing campaign to increase awareness and sales of their products, which is expected to drive growth in their stock price. Despite their current success, investors should still conduct thorough research before investing in AAON’s stock, as any unforeseen risks or changes in the industry could affect their investment.
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