--- title: "Gary D Fields Takes Money Off The Table, Sells $2.66M In AAON Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/288448129.md" description: "Gary D Fields, a director at AAON (NASDAQ:AAON), sold 19,000 shares worth $2.66 million on June 1, as disclosed in an SEC Form 4 filing. This transaction occurred while AAON shares were trading around $145.51. The article also reviews AAON's financial metrics, noting strong revenue growth but high valuation ratios and low gross margins." datetime: "2026-06-02T15:01:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288448129.md) - [en](https://longbridge.com/en/news/288448129.md) - [zh-HK](https://longbridge.com/zh-HK/news/288448129.md) --- # Gary D Fields Takes Money Off The Table, Sells $2.66M In AAON Stock **Gary D Fields**, Director at **AAON** (NASDAQ:AAON), disclosed an insider sell on June 1, according to a recent SEC filing. **What Happened:** A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Fields executed a sale of 19,000 shares of **AAON** with a total value of $2,663,800. As of Tuesday morning, **AAON** shares are up by 4.94%, currently priced at $145.51. ### Discovering AAON: A Closer Look AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It generates the majority of its revenue from the AAON Oklahoma segment which derives maximum revenue, engineers, manufactures, and sells, semi-custom, and custom HVAC systems, designs and manufactures control solutions, and sells retail parts to customers through retail part stores and online. ### AAON: Financial Performance Dissected **Positive Revenue Trend:** Examining AAON's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of **54.3%** as of 31 March, 2026, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers. **Exploring Profitability:** - Gross Margin: The company issues a cost efficiency warning with a low gross margin of 25.15%, indicating potential difficulties in maintaining profitability compared to its peers. - Earnings per Share (EPS): AAON's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.49. **Debt Management:** AAON's debt-to-equity ratio is below the industry average. With a ratio of **0.48**, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors. **Insights into Valuation Metrics:** - Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 97.73, AAON's stock is perceived as being overvalued in the market. - Price to Sales (P/S) Ratio: The current P/S ratio of 7.13 is above industry norms, reflecting an elevated valuation for AAON's stock and potential overvaluation based on sales performance. - EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): At 47.34, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance. **Market Capitalization Analysis:** Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity. ### Delving Into the Significance of Insider Transactions While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions. In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction. Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise. Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors. ### Understanding Crucial Transaction Codes For investors, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A **P** in Box 3 denotes a purchase, while **S** signifies a sale. Transaction code **C** signals the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of AAON's Insider Trades. _This article was generated by Benzinga's automated content engine and reviewed by an editor._ ### Related Stocks - [AAON.US](https://longbridge.com/en/quote/AAON.US.md) ## Related News & Research - [AAON Expands Board, Strengthens Governance for Growth](https://longbridge.com/en/news/294394304.md) - [AAON expands board, adds Robert Buttermore and Patrick Jermain as independent directors](https://longbridge.com/en/news/294353312.md) - [Witnessing An Insider Decision, Gary D Fields Exercises Options Valued At $1.90M At AAON](https://longbridge.com/en/news/286585672.md) - [Robert Michael Cloninger Sells 2,811 Shares of Waste Connections (NYSE:WCN) Stock](https://longbridge.com/en/news/294500951.md) - [Insider Selling: ACRES Commercial Realty (NYSE:ACR) Major Shareholder Sells 1,389 Shares of Stock](https://longbridge.com/en/news/294282341.md)