$APD.US ranked positive on November 14th, 2023

Smart Insider $APD.US ranked positive on November 14th, 2023

$APD.US ranked positive on November 14th, 2023

Air Products & Chemicals Inc (+1, APD US, November 14th)

Siefi Ghasemi (Chair and CEO since 2013) purchased 10,000 shares on November 8th at $252, then another 11,000 shares on November 13th at $264. These purchases add up to $5.4 million and are his first purchases since July 2019 at $227. He has purchased shares on 11 prior occasions, with his first purchase in 2013 at $100. He has a good, but not perfect record over those 11 purchases. 

We’ve ranked the stock several times based on those prior purchases and while in some cases the returns were¬†modest, they all proved to be good long-term entry points. This is the first insider purchase since 2021.

We are ranking the stock +1.

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