AAON (NASDAQ:AAON) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of AAON, Inc. NASDAQ: AAON. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in AAON stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

AAON Stock Up 1.0 %

NASDAQ:AAON traded up $1.12 during trading hours on Tuesday, reaching $114.28. 121,132 shares of the stock were exchanged, compared to its average volume of 681,330. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. AAON, Inc. has a twelve month low of $70.28 and a twelve month high of $144.07. The stock has a market cap of $9.29 billion, a PE ratio of 50.59 and a beta of 0.87. The firm has a 50 day moving average of $121.81 and a 200 day moving average of $113.50.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On AAON

Several hedge funds have recently added to or reduced their stakes in AAON. Avior Wealth Management LLC raised its holdings in AAON by 5,040.4% in the 4th quarter. Avior Wealth Management LLC now owns 2,416 shares of the construction company's stock valued at $284,000 after acquiring an additional 2,369 shares during the period. SG Americas Securities LLC boosted its stake in AAON by 691.1% in the 4th quarter. SG Americas Securities LLC now owns 24,666 shares of the construction company's stock valued at $2,903,000 after purchasing an additional 21,548 shares during the period. Lord Abbett & CO. LLC grew its holdings in AAON by 39.1% in the 3rd quarter. Lord Abbett & CO. LLC now owns 288,581 shares of the construction company's stock valued at $31,121,000 after buying an additional 81,111 shares in the last quarter. Wolverine Trading LLC bought a new position in AAON during the 3rd quarter worth $471,000. Finally, Caldwell Investment Management Ltd. bought a new stake in shares of AAON in the fourth quarter valued at about $1,099,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Insider Activity at AAON

In other AAON news, VP Stephen E. Wakefield sold 5,362 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $130.99, for a total transaction of $702,368.38. Following the transaction, the vice president now owns 4,558 shares in the company, valued at $597,052.42. This represents a 54.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Rebecca Thompson sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $138.00, for a total transaction of $690,000.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,112 shares of company stock worth $2,196,563. Corporate insiders own 18.55% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About AAON

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.