Gates Industrial Corporation plc (GTES)
Largest Insider Buys in Sector
GTES Stock Price History Chart
GTES Stock Performance
About Gates Industrial Corporation plc
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.
Insider Activity of Gates Industrial Corporation plc
Over the last 12 months, insiders at Gates Industrial Corporation plc have bought $13.81M and sold $3.04B worth of Gates Industrial Corporation plc stock.
On average, over the past 5 years, insiders at Gates Industrial Corporation plc have bought $32.18M and sold $2.17B worth of stock each year.
Highest buying activity among insiders over the last 12 months: SIMPKINS NEIL P (director) — $12.2M. Eliasson Fredrik J (director) — $997,789. Neely Wilson S (director) — $859,900.
The last purchase of 50,000 shares for transaction amount of $727,500 was made by Neely Wilson S (director) on 2024‑02‑28.
List of Insider Buy and Sell Transactions, Gates Industrial Corporation plc
| 2024-05-21 | Sale | Omaha Aggregator (Cayman) L.P. | 10 percent owner | 20.13M 7.0478% | $16.33 | $328.64M | -7.62% | |
| 2024-05-21 | Sale | BX GATES ML-1 HOLDCO LLC | 10 percent owner | 20.13M 7.0478% | $16.33 | $328.64M | -7.62% | |
| 2024-05-21 | Sale | Blackstone Inc. | 10 percent owner | 20.13M 7.0478% | $16.33 | $328.64M | -7.62% | |
| 2024-02-28 | Neely Wilson S | director | 50,000 0.0193% | $14.55 | $727,500 | +18.54% | ||
| 2024-02-20 | Neely Wilson S | director | 10,000 0.0038% | $13.24 | $132,400 | +28.78% | ||
| 2024-02-16 | Sale | Omaha Aggregator (Cayman) L.P. | 10 percent owner | 24.28M 8.3193% | $12.04 | $292.41M | +28.80% | |
| 2024-02-16 | Sale | BX GATES ML-1 HOLDCO LLC | 10 percent owner | 24.28M 8.3193% | $12.04 | $292.41M | +28.80% | |
| 2024-02-16 | Sale | Blackstone Inc. | 10 percent owner | 24.28M 8.3193% | $12.04 | $292.41M | +28.80% | |
| 2024-02-16 | SIMPKINS NEIL P | director | 1M 0.3471% | $12.20 | $12.2M | +28.80% | ||
| 2024-02-16 | Jurek Ivo | Chief Executive Officer | 20,492 0.0071% | $12.20 | $250,002 | +28.80% | ||
| 2024-02-16 | Eliasson Fredrik J | director | 40,893 0.0142% | $12.20 | $498,895 | +28.80% | ||
| 2023-12-13 | Sale | Omaha Aggregator (Cayman) L.P. | 10 percent owner | 17.25M 6.0361% | $11.15 | $192.34M | +34.67% | |
| 2023-12-13 | Sale | BX GATES ML-1 HOLDCO LLC | 10 percent owner | 17.25M 6.0361% | $11.15 | $192.34M | +34.67% | |
| 2023-12-13 | Sale | Blackstone Inc. | 10 percent owner | 17.25M 6.0361% | $11.15 | $192.34M | +34.67% | |
| 2023-08-14 | Sale | Omaha Aggregator (Cayman) L.P. | 10 percent owner | 17.25M 6.0053% | $11.57 | $199.58M | +12.86% | |
| 2023-08-14 | Sale | BX GATES ML-1 HOLDCO LLC | 10 percent owner | 17.25M 6.0053% | $11.57 | $199.58M | +12.86% | |
| 2023-08-14 | Sale | Blackstone Inc. | 10 percent owner | 17.25M 6.0053% | $11.57 | $199.58M | +12.86% | |
| 2023-05-25 | Eliasson Fredrik J | director | 50,000 0.0177% | $11.57 | $578,500 | +13.10% | ||
| 2023-05-23 | Sale | Blackstone Inc. | 10 percent owner | 47.74M 16.6437% | $11.40 | $544.08M | +13.05% | |
| 2023-05-23 | Sale | Omaha Aggregator (Cayman) L.P. | 10 percent owner | 47.81M 16.6691% | $11.40 | $544.91M | +13.05% |
Insider Historical Profitability
| SIMPKINS NEIL P | director | 1000000 0.3784% | $15.76 | 1 | 0 | |
| Jurek Ivo | Chief Exec Officer & Director | 626088 0.0678% | $15.76 | 5 | 0 | <0.0001% |
| Blackstone Inc. | 10 percent owner | 77326 0.0543% | $15.76 | 34 | 8 | +31.19% |
| BX GATES ML-1 HOLDCO LLC | 10 percent owner | 77326 0.0543% | $15.76 | 0 | 5 | |
| Omaha Aggregator (Cayman) L.P. | 10 percent owner | 77326 0.0543% | $15.76 | 34 | 7 | +31.19% |
| Eliasson Fredrik J | director | 112012 0.0269% | $15.76 | 2 | 0 | +13.1% |
| Neely Wilson S | 106664 0.014% | $15.76 | 3 | 0 | +16.24% | |
| SCHWARZMAN STEPHEN A | 81033144 30.6817% | $15.76 | 0 | 1 | ||
| BX GATES ML-5 HOLDCO LLC | 16527684 6.2579% | $15.76 | 0 | 1 | ||
| Blackstone Tactical Opportunities Management Associates (Cayman) L.P. | 16527684 6.2579% | $15.76 | 0 | 1 | ||
| LIFSEY WALTER | Chief Operating Officer | 76050 0.0288% | $15.76 | 2 | 0 | <0.0001% |
| Gawronski Grant | EVP & Chief Commercial Officer | 43955 0.0166% | $15.76 | 2 | 0 | +5.66% |
| SEELY JAMEY S | Executive VP General Counsel | 2950 0.0011% | $15.76 | 3 | 0 | <0.0001% |
Institutional Investor Ownership
| Blackstone | $1.28B | 27.55 | 72M | -25.21% | -$429.93M | 5.61 | |
| The Vanguard Group | $318.93M | 6.89 | 18.01M | +17.48% | +$47.44M | 0.01 | |
| Allspring Global Investments | $261.24M | 5.64 | 14.75M | +19.92% | +$43.4M | 0.41 | |
| Dimensional Fund Advisors | $192.75M | 4.16 | 10.88M | +12.11% | +$20.82M | 0.05 | |
| AllianceBernstein | $148.78M | 3.21 | 8.4M | +153.18% | +$90.02M | 0.05 | |
| AQR Capital | $141.22M | 3.06 | 7.99M | +1.61% | +$2.23M | 0.24 | |
| Fiduciary Management, Inc. (FMI) | $126.54M | 2.73 | 7.15M | +1.61% | +$2.01M | 1.13 | |
| BlackRock | $125.43M | 2.71 | 7.08M | +34.94% | +$32.48M | <0.01 | |
| American Century Investments | $125.31M | 2.71 | 7.08M | -13.53% | -$19.61M | 0.08 | |
| Janus Henderson | $114.49M | 2.47 | 6.46M | -6.91% | -$8.49M | 0.06 | |
| Fidelity Investments | $114.29M | 2.47 | 6.45M | +92.06% | +$54.78M | 0.01 | |
| Cooke & Bieler, L.P. | $101.84M | 2.2 | 5.75M | -29.48% | -$42.57M | 0.94 | |
| Invesco | $79.77M | 1.72 | 4.5M | +12.81% | +$9.06M | 0.02 | |
| Diamond Hill Investment Group Inc | $79.19M | 1.71 | 4.47M | +0.52% | +$407,613.36 | 0.32 | |
| Pacer Advisors Inc | $69.72M | 1.51 | 3.94M | +8.95% | +$5.72M | 0.18 | |
| GW&K Investment Management | $61.28M | 1.32 | 3.46M | +8.52% | +$4.81M | 0.54 | |
| LSV Asset Management | $61.13M | 1.32 | 3.45M | +22.88% | +$11.38M | 0.13 | |
| Morgan Stanley | $54.59M | 1.18 | 3.08M | -5.08% | -$2.92M | <0.01 | |
| Two Sigma | $53.89M | 1.16 | 3.04M | +26.03% | +$11.13M | 0.09 | |
| Goldman Sachs | $52.16M | 1.13 | 2.95M | +148.35% | +$31.16M | 0.01 | |
| State Street | $47.9M | 1.04 | 2.7M | +21.58% | +$8.5M | <0.01 | |
| Two Sigma Advisers LP | $46.58M | 1.01 | 2.63M | +9.02% | +$3.85M | 0.08 | |
| Geode Capital Management | $45.17M | 0.98 | 2.55M | +25.41% | +$9.15M | <0.01 | |
| Bank of America | $35.65M | 0.77 | 2.01M | +122.64% | +$19.64M | <0.01 | |
| Paradice Investment Management | $32.89M | 0.71 | 1.86M | -24.2% | -$10.5M | 5.71 | |
| Kennedy Capital Management Inc | $31.16M | 0.67 | 1.76M | +20.39% | +$5.28M | 0.66 | |
| Brandes Investment Partners | $30.48M | 0.66 | 1.72M | +8.53% | +$2.4M | 0.39 | |
| First Trust | $30.2M | 0.65 | 1.71M | -0.29% | -$87,682.64 | 0.03 | |
| Charles Schwab | $30.04M | 0.65 | 1.7M | +13.04% | +$3.47M | 0.01 | |
| Confluence Investment Management | $28.39M | 0.61 | 1.6M | New | +$28.39M | 0.39 | |
| Adage Capital Partners Gp L L C | $26.92M | 0.58 | 1.52M | New | +$26.92M | 0.05 | |
| SEI Investments Company | $24.34M | 0.53 | 1.37M | -0.49% | -$119,471.60 | 0.04 | |
| Millennium Management LLC | $23.74M | 0.51 | 1.34M | -34.81% | -$12.68M | 0.02 | |
| Leeward Investments Llc Ma | $20.66M | 0.45 | 1.17M | -4.14% | -$891,379.72 | 0.92 | |
| Point72 Asset Management | $20.31M | 0.44 | 1.15M | +5,308.45% | +$19.93M | 0.04 | |
| Klcm Advisors Inc | $19.08M | 0.41 | 1.08M | +59.21% | +$7.1M | 2.45 | |
| Arrowstreet Capital, Limited Partnership | $19.09M | 0.41 | 1.08M | +176.46% | +$12.18M | 0.02 | |
| First Manhattan Co. | $18.99M | 0.41 | 1.07M | -4.75% | -$947,484.96 | 0.06 | |
| Varma Mutual Pension Insurance Company | $18.83M | 0.41 | 1.06M | New | +$18.83M | 0.16 | |
| Voloridge Investment Management, LLC | $18.36M | 0.4 | 1.04M | +19.35% | +$2.98M | 0.04 | |
| Alger | $18.39M | 0.4 | 1.04M | +178.24% | +$11.78M | 0.09 | |
| Balyasny Asset Management Llc | $17.21M | 0.37 | 971,550 | +1,228.51% | +$15.91M | 0.05 | |
| Chartwell Investment Partners | $16.8M | 0.36 | 948,342 | +228.26% | +$11.68M | 0.58 | |
| Victory Capital Management Inc | $15.89M | 0.34 | 897,365 | +25.9% | +$3.27M | 0.02 | |
| Jupiter Fund Management | $15.81M | 0.34 | 892,694 | +27.76% | +$3.44M | 0.04 | |
| JENNISON ASSOCIATES LLC | $15.79M | 0.34 | 891,671 | New | +$15.79M | 0.01 | |
| Hotchkis & Wiley Capital Management | $15.17M | 0.33 | 856,730 | +19.67% | +$2.49M | 0.05 | |
| Ameriprise Financial | $14.75M | 0.32 | 832,725 | -3.29% | -$502,365.35 | <0.01 | |
| Evr Research Lp | $14.7M | 0.32 | 830,000 | New | +$14.7M | 3.29 | |
| Cubist Systematic Strategies | $13.9M | 0.3 | 784,779 | +36.83% | +$3.74M | 0.13 |