Insider Trading Activity in: Allegion PLC

Allegion PLC (NYSE:ALLE) insider has recently participated in insider trading activity. Director, HACHIGIAN KIRK S bought 22 shares for $1,274 via one transaction Feb 12. Another notable insider trading was done by Muhlenkamp Chris E on Nov 04, who is the Sr. Vice Presiden. The insider Sold 8,278 shares at an average price of $64.52. Moreover, an insider buying of 395 shares was carried out by CHESSER MICHAEL J, Director, on Aug 03. Following the transaction, the insider now owns 3,325 shares in total. Director Schaffer Dean I bought 407 shares for $25,629 through one transaction Aug 03. Following this sale, this insider’s stake in the company comprises 3,180 shares, priced at $182850 as of Friday.

The stock has experienced a total of 20 insider trades in the past three months. These trades include 10 sell activities and 10 buy trades. Furthermore, over the past 12 months, the stock was traded 80 times by insiders. In 42 of these trades, the insider was a seller while an employee of the company was the buyer in just 38 instances.

Allegion PLC (ALLE) on February 11, 2016 announced that it reported fourth-quarter 2015 net revenues of $545.4 million and net earnings of $71.9 million or $0.74 per share. Excluding charges related to restructuring, acquisitions and divestitures, adjusted net earnings were $86.5 million or $0.89 per share, up 17.1 percent when compared with fourth-quarter 2014 adjusted EPS of $0.76.

Fourth-quarter net revenues decreased 4.9 percent, when compared to the prior year period (up 4.8 percent on an organic basis). Reported revenues had positive organic growth and contribution from acquisitions that were more than offset by divestitures and foreign currency. The organic growth reflects the introduction of new products and the company’s channel initiatives as well as global electronic sales that grew 28 percent in the quarter.

Full-year 2015 net revenues of $2.07 billion decreased 2.4 percent, when compared to the prior year period (up 5.4 percent on an organic basis). Reported revenues had positive organic growth and contribution from acquisitions that were more than offset by divestitures and foreign currency. The organic growth reflects the introduction of new products and the company’s channel initiatives as well as global electronic sales that grew more than 20 percent for the full year.

Full-year 2015 adjusted operating margin was 19.2 percent, compared with 18.7 percent in 2014 – an increase of 50 basis points. The adjusted operating margin improvement reflects strong leverage on incremental volume, favorable pricing, productivity, a 380-basis-point improvement in EMEIA margins and a 580-basis-point improvement in Asia Pacific margins (excluding the system integration business). These benefits more than offset incremental investments and foreign currency.