The securities of Allegion plc (NYSE:ALLE) have been making considerable waves in the market, attracting a lot of trading activity from various firms and individuals. Wesbanco Bank Inc. sold a total of 196 shares, while the likes of B. Riley Wealth Advisors purchased 969 shares, meanwhile, Magnetar Financial LLC acquired 7,129 shares, Swedbank AB purchased 71,040 shares, and Price T Rowe Associates Inc. bought 4,555 shares. Allegion has continued to create value for its shareholders, with a 7.6% Compound Annual Growth Rate over the past 5 years. The company's stock option has also experienced a influence by implied volatility.
On the investment side, Manning & Napier Advisors LLC invested $3.76 million in Allegion's securities. Allegion enhanced their core business and specification capabilities through the acquisition of Unicel Architectural, Krieger Specialty Products, Dorcas, and Boss Door Controls. They also went ahead to expand their market portfolio and surprisingly secure a $900 million cash deal by selling their Access Technologies Business to Stanley Black & Decker. Furthermore, the company recently appointed John H. Stone as the new CEO and Stacy Cozad as the New General Counsel.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Sat, 10 Aug 2024 18:58:43 GMT - Rating 8 - Innovation 7 - Information 7 - Rumor -3
