Insider transaction details
On March 24, 2026, Thomas A. Amato, a director at AMETEK INC. (NYSE: AME), sold 530 shares of AMETEK common stock at a price of $216.78 per share, producing proceeds of $114,893. After completing that sale, Amato directly holds 4,480 shares of the company.
On the same date, Amato additionally executed transactions that included the disposition of 500 shares and the acquisition of 500 shares of AMETEK common stock.
Ownership structure and indirect holdings
Beyond his direct holdings, Amato is listed as trustee of a trust that holds 7,000 shares of AMETEK. Those trust-held shares are counted as indirect ownership for Amato.
Market context and valuation
The director's sale occurred as AMETEK shares were trading near $215.47. The stock has gained in excess of 21% over the past 12 months and is currently trading at a price-to-earnings ratio of 33.9. According to InvestingPro analysis cited with the company data, AMETEK's current market price appears overvalued when compared with its Fair Value.
Company financials and operational highlights
AMETEK reported a strong fourth quarter, with total sales up 13% year-over-year. The company attributed that increase to three components: 5% organic growth, a 7% contribution from acquisitions, and a 1% benefit from foreign exchange. In the period, AMETEK recorded a new high in orders at $2.0 billion and reported a record backlog of $3.58 billion, producing a book-to-bill ratio of 1.02x.
Analyst reactions
Analysts responded to the quarter by raising price targets for the stock. DA Davidson lifted its target to $265 while maintaining a Buy rating and cited solid growth and a strong backlog. Truist Securities also moved its target to $265, pointing to a strong outlook. KeyBanc Capital Markets adjusted its target to $260, highlighting the company’s robust order numbers. RBC Capital set a new target of $257, noting a modest operating beat along with guidance for 2026 that it characterized as in line with expectations.
What the filings show
The filings reflect a combination of direct and indirect ownership changes by a company director on a single trading date, occurring against a backdrop of positive company metrics and analyst target increases. The valuation assessment from InvestingPro, which indicates the stock may be overvalued relative to its Fair Value, is presented alongside the operational and financial improvements reported by the company.
Bottom line
The transactions reported by Director Thomas A. Amato on March 24, 2026, adjust his direct and indirect holdings in AMETEK while the company posts record orders and backlog and receives upward revisions to price targets from several analysts. At the same time, third-party analysis flags the stock as overvalued versus its Fair Value, and the shares trade at a relatively elevated P/E of 33.9.