Applied Industrial Technologies, headquartered in Cleveland, Ohio, manufactures and distributes industrial parts, employing 6,350 people across Service Center Based Distribution and Engineered Solutions segments. Their products support motion control infrastructure and fluid power technologies.
Peter C Wallace sold 5,000 shares of AIT on 26 February at $285.03 per share, worth a total of $1.4M. They now own 24,179 AIT shares, or a 17% holding decrease.
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