Michael Ambrose Biography and Net Worth

Director of RBC Bearings


Michael H. Ambrose was appointed to the Board of Directors in September 2019.  He has served as Vice President of Engineering and Technology for Sikorsky Aircraft, a Lockheed Martin Company, since 2017. From 2013 to 2017 he was Vice President of Aircraft Design and Manufacturing Engineering for Sikorsky, and before that held executive positions in International Government Programs and Manufacturing Operations at Sikorsky. Mr. Ambrose has been with Sikorsky since 1984, working in all areas of complex aerospace design and manufacturing operations. He is currently responsible for leading over 3,000 engineers in support of all aspects of design, research & development, manufacturing engineering, and engineering customer support. Mr. Ambrose is also the co-chair of the Sikorsky senior safety board and has responsibility for air worthiness at Sikorsky. He serves on the Board of Governors of the University of New Haven and the Board of Directors of the Vertical Flight Society. Mr. Ambrose holds a Bachelor of Science degree in Mechanical Engineering from the University of New Haven and a Master of Science degree in Engineering Management from the Massachusetts Institute of Technology. Mr. Ambrose’s many years of experience in aerospace engineering and manufacturing operations are valuable resources to the Board.

What is Michael H. Ambrose's net worth?

The estimated net worth of Michael H. Ambrose is at least $1.89 million as of June 12th, 2024. Mr. Ambrose owns 6,728 shares of RBC Bearings stock worth more than $1,886,195 as of October 31st. This net worth evaluation does not reflect any other investments that Mr. Ambrose may own. Learn More about Michael H. Ambrose's net worth.

How do I contact Michael H. Ambrose?

The corporate mailing address for Mr. Ambrose and other RBC Bearings executives is ONE TRIBOLOGY CENTER, OXFORD CT, 06478. RBC Bearings can also be reached via phone at (203) 267-7001 and via email at [email protected]. Learn More on Michael H. Ambrose's contact information.

Has Michael H. Ambrose been buying or selling shares of RBC Bearings?

Michael H. Ambrose has not been actively trading shares of RBC Bearings within the last three months. Most recently, Michael H. Ambrose sold 600 shares of the business's stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $279.16, for a transaction totalling $167,496.00. Following the completion of the sale, the director now directly owns 6,728 shares of the company's stock, valued at $1,878,188.48. Learn More on Michael H. Ambrose's trading history.

Who are RBC Bearings' active insiders?

RBC Bearings' insider roster includes Michael Ambrose (Director), John Avampato (VP), Patrick Bannon (VP), Daniel Bergeron (COO), Scott Brown (Insider), Richard Crowell (Director), Richard Edwards (VP), John Feeney (VP), Dean Foate (Director), Michael Hartnett (CEO), Steven Kaplan (Director), John Kunze (Insider), Alan Levine (Director), Edward Stewart (Director), and Robert Sullivan (CFO). Learn More on RBC Bearings' active insiders.

Are insiders buying or selling shares of RBC Bearings?

In the last twelve months, insiders at the industrial products company sold shares 16 times. They sold a total of 104,018 shares worth more than $28,126,250.20. The most recent insider tranaction occured on September, 18th when CEO Michael J Hartnett sold 503 shares worth more than $145,367.00. Insiders at RBC Bearings own 2.6% of the company. Learn More about insider trades at RBC Bearings.

Information on this page was last updated on 9/18/2024.

Michael H. Ambrose Insider Trading History at RBC Bearings

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/12/2024Sell600$279.16$167,496.006,728View SEC Filing Icon  
1/2/2024Sell300$277.80$83,340.006,800View SEC Filing Icon  
7/19/2023Sell400$220.00$88,000.006,800View SEC Filing Icon  
See Full Table

Michael H. Ambrose Buying and Selling Activity at RBC Bearings

This chart shows Michael H Ambrose's buying and selling at RBC Bearings by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

RBC Bearings Company Overview

RBC Bearings logo
RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear and maxum, and controlled start transmission. Further, the company's power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, material handling, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, and a network of industrial and aerospace distributors. The company was founded in 1919 and is based in Oxford, Connecticut.
Read More

Today's Range

Now: $280.35
Low: $280.06
High: $285.93

50 Day Range

MA: $290.28
Low: $278.66
High: $302.79

2 Week Range

Now: $280.35
Low: $214.49
High: $309.01

Volume

126,712 shs

Average Volume

142,528 shs

Market Capitalization

$8.19 billion

P/E Ratio

41.35

Dividend Yield

N/A

Beta

1.51