2,776 Shares in AAON, Inc. (NASDAQ:AAON) Bought by Entropy Technologies LP

Entropy Technologies LP purchased a new stake in AAON, Inc. (NASDAQ:AAON - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,776 shares of the construction company's stock, valued at approximately $327,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AAON. Mather Group LLC. grew its position in shares of AAON by 521.6% during the 4th quarter. Mather Group LLC. now owns 230 shares of the construction company's stock valued at $27,000 after purchasing an additional 193 shares in the last quarter. Blue Trust Inc. boosted its stake in AAON by 202.0% during the third quarter. Blue Trust Inc. now owns 296 shares of the construction company's stock valued at $32,000 after buying an additional 198 shares during the period. Westside Investment Management Inc. purchased a new position in AAON during the third quarter worth about $36,000. UMB Bank n.a. increased its stake in AAON by 67.5% in the 4th quarter. UMB Bank n.a. now owns 325 shares of the construction company's stock worth $38,000 after acquiring an additional 131 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of AAON in the 4th quarter valued at about $42,000. 70.81% of the stock is currently owned by institutional investors.

AAON Trading Up 0.3 %

Shares of AAON traded up $0.30 during mid-day trading on Monday, reaching $113.16. The company's stock had a trading volume of 269,142 shares, compared to its average volume of 771,761. The company has a current ratio of 3.06, a quick ratio of 1.79 and a debt-to-equity ratio of 0.07. AAON, Inc. has a 52 week low of $70.28 and a 52 week high of $144.07. The company's fifty day moving average price is $121.81 and its two-hundred day moving average price is $113.50. The stock has a market cap of $9.20 billion, a PE ratio of 49.85 and a beta of 0.87.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AAON shares. Sidoti cut shares of AAON from a "buy" rating to a "neutral" rating and upped their price objective for the stock from $102.00 to $111.00 in a research report on Tuesday, October 22nd. Robert W. Baird increased their price target on shares of AAON from $130.00 to $138.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. DA Davidson lifted their price objective on shares of AAON from $102.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Finally, Baird R W raised AAON from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 28th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $133.00.

Insiders Place Their Bets

In related news, CFO Rebecca Thompson sold 5,000 shares of the company's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $138.00, for a total transaction of $690,000.00. Following the completion of the sale, the chief financial officer now directly owns 17,297 shares in the company, valued at $2,386,986. This represents a 22.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Stephen E. Wakefield sold 5,750 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $139.86, for a total transaction of $804,195.00. Following the completion of the sale, the vice president now directly owns 9,920 shares in the company, valued at approximately $1,387,411.20. This trade represents a 36.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,112 shares of company stock valued at $2,196,563 over the last three months. Insiders own 18.55% of the company's stock.

AAON Profile

AAON, Inc, together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.