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.
Neil A Schrimsher sold 19,207 shares of AIT on 4 February at $288.29 per share, worth a total of $5.5M. They now own 141,101 AIT shares, or a 13% holding decrease.
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