Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB). In a filing disclosed on January 31st, the Senator disclosed that they had bought between $15,001 and $50,000 in Westinghouse Air Brake Technologies stock on January 2nd.
Senator Markwayne Mullin also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) on 1/8/2025.
- Sold $15,001 – $50,000 in shares of iShares MSCI Eurozone ETF (BATS:EZU) on 1/8/2025.
- Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 1/8/2025.
- Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Iron Mountain (NYSE:IRM) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 1/2/2025.
- Purchased $15,001 – $50,000 in shares of Stride (NYSE:LRN) on 1/2/2025.
Westinghouse Air Brake Technologies Price Performance
NYSE:WAB opened at $207.68 on Monday. Westinghouse Air Brake Technologies Co. has a 52 week low of $131.31 and a 52 week high of $210.88. The stock’s fifty day moving average is $198.46 and its two-hundred day moving average is $183.85. The company has a market capitalization of $35.70 billion, a P/E ratio of 34.61, a P/E/G ratio of 1.33 and a beta of 1.27. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34.
Analysts Set New Price Targets
Read Our Latest Research Report on WAB
Institutional Trading of Westinghouse Air Brake Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. lifted its stake in shares of Westinghouse Air Brake Technologies by 55.0% in the third quarter. Pinnacle Bancorp Inc. now owns 155 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 55 shares during the period. Bridges Investment Management Inc. boosted its holdings in shares of Westinghouse Air Brake Technologies by 3.4% during the third quarter. Bridges Investment Management Inc. now owns 2,357 shares of the transportation company’s stock worth $428,000 after purchasing an additional 77 shares during the last quarter. Greenleaf Trust increased its stake in shares of Westinghouse Air Brake Technologies by 2.9% during the 4th quarter. Greenleaf Trust now owns 3,344 shares of the transportation company’s stock valued at $634,000 after acquiring an additional 94 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its holdings in shares of Westinghouse Air Brake Technologies by 10.4% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,820 shares of the transportation company’s stock worth $331,000 after acquiring an additional 172 shares during the period. Finally, Eastern Bank purchased a new stake in shares of Westinghouse Air Brake Technologies during the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.
Insider Transactions at Westinghouse Air Brake Technologies
In related news, CAO John A. Mastalerz, Jr. sold 2,796 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $199.71, for a total transaction of $558,389.16. Following the sale, the chief accounting officer now directly owns 5,683 shares in the company, valued at approximately $1,134,951.93. This trade represents a 32.98 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.
About Senator Mullin
Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.
About Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.
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