CEO Neal J. Keating, Kaman Corporation Insider Buys $101,900 of Shares on March 11, 2014

Neal J. Keating, CEO of Kaman Corporation, bought 2,500 shares of Kaman Corporation (Stock Symbol: KAMN) at $40.76 per share for a total amount of $101.9 thousand on March 11, 2014. Kaman Corporation is headquartered in Bloomfield, Connecticut. On February 27, 2014, Kaman Corporation announced that its Distribution Segment, Kaman Distribution Group (Kaman), has executed a definitive agreement to acquire substantially all the operating assets of B.W. Rogers Company and certain affiliated entities (collectively, B.W. Rogers). The acquisition significantly expands Kaman’s footprint in both fluid power and automation. The transaction is expected to close early in the second quarter. On February 28, 2014, Kaman Corporation announced its latest quarterly and annual results. Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “2013 was a successful year for Kaman as strong performance across a number of our Aerospace programs enabled us to deliver solid operating results. Despite the challenges encountered at Distribution, the segment achieved organic sales growth of 5.2% for the fourth quarter, our first quarter of year-over-year organic sales growth in Distribution since the second quarter of 2012.” According to Capital IQ, Kaman Corporation has a market cap of $1.13 billion, an enterprise value of $1.39 billion, and trailing 12 month revenues of $1.68 billion. Kaman Corporation operates in the aerospace and industrial distribution markets. The company operates through two segments, Distribution and Aerospace. The Distribution segment distributes power transmission/motion control industrial products, including bearings, mechanical and electrical power transmission, fluid power, motion control, automation, materials handling components, electrical control and power distribution, and MRO supplies, as well as provides value-added services. This provides safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; support for its maritime helicopters, and manned and unmanned medium-to-heavy lift helicopters; and engineering design, analysis, and certification services, as well as subcontracts helicopter work. Kaman Corporation also operates in North America, Europe, the Middle East, Asia, Oceania, and internationally. The company was founded in 1945. Neal J. Keating’s most recent annual compensation from Kaman Corporation is a salary of $2,310,000, $741,481 in other compensation, and a total compensation of $2,230,400. Mr. Keating is 58 years old. According to his biography, Mr. Neal J. Keating serves as Chairman of the Board, President, Chief Executive Officer of Kaman Corp. He was elected President and Chief Operating Officer as well as a Director of the company effective September 17, 2007. Effective January 1, 2008, he was elected to the offices of President and Chief Executive Officer and effective March 1, 2008 he was appointed to the additional position of Chairman. Prior to joining the company, Mr. Keating served as Chief Operating Officer at Hughes Supply, an industrial distributor that was acquired by Home Depot in 2006. Prior to that, he held senior positions at GKN Aerospace, an aerospace subsidiary of GKN, plc, and Rockwell Collins Commercial Systems, as well as serving as a board member of GKN plc and Agusta-Westland. All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.