Kennametal Inc V.KMT

Primary Symbol: KMT

Industrials

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.

NYSE:KMT - Post by User

Kennametal Inc > Insider trading

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Post by atikaon Sep 22, 2018 9:52am

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Post# 28669945

Insider trading

Since August, 28th, A. Gagn sold 491,000 shares, which I consider a negative signal to the market.
In the mean time, it seems that he sold his shares, at least a part of it...350,000, to the new CEO...Mr Claessens, which I consider a positive signal to the market.

What does that mean ? A new direction, a new orientation and hopefully, better results for shareholder's value.

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