Stock Offerings Prompt Big Insider Buying
Public offerings of stock tempted some insider buying, and one insider stepped up to support a struggling online delivery service provider.
Headquartered in Denver, CO Fiscal year ends December NYSE: GTES gates.com
Gates Industrial Corporation Ltd. (NYSE: GTES) is a global manufacturer of application-specific fluid power and power transmission solutions. The company offers a broad portfolio of products to diverse aftermarket channel customers and to original equipment manufacturers as specified components. Gates operates across two reporting segments: Power Transmission and Fluid Power. Its products serve a wide range of end markets including agriculture, construction, manufacturing, energy, transportation, and consumer applications such as printers, power washers, automatic doors, and vacuum cleaners. The company sells its products in more than 130 countries across three commercial regions: the Americas; Europe, Middle East & Africa; and Asia Pacific. Updated
Public offerings of stock tempted some insider buying, and one insider stepped up to support a struggling online delivery service provider.
Gates Industrial Corporation Ltd. (NYSE: GTES) is a global manufacturer of application-specific fluid power and power transmission solutions. The company offers a broad portfolio of products to diverse aftermarket channel customers and to original equipment manufacturers as specified components.
24/7 Wall St.'s 12-month price target for GTES is $32.22, rated Buy. The Wall Street consensus target is $33.25. GTES price prediction →