Altra Industrial Motion (AIMC) interesting small-cap that has drawn some unusual November call spreads this week at the $35/$50 and $36/$55 strikes and not far off of new 1-year highs. The $2.52B company trades cheap at 14.8X earnings and 1.47X sales and guiding to accelerating top and bottom-line growth through FY22. AIMC makes mechanical power transmission components like motors, gearing and controls for a number if niche industrial markets. They have to business segments of note: Automation and Specialty and Power Transmission Tech. The former is about 51% of overall revenues and growing at a faster clip with exposure to things like robotics motors, surgical power tools, and software guides for autonomous vehicles and materials handling vehicles. The latter is about 49% of revenues and more stable businesses like clutches for helicopter rotors, brakes for industrial lawn mowers, brakes for wind turbines, and more. One area where they’ve seen strong demand is in Class 8 trucks which have seen a boost in the last year and they’re a primary supplier of compression release brakes. AIMC sees opportunity to expand cross-selling opportunities, expand into more Industrial IoT services and market their software solutions better. AIMC saw a few smaller, open-market buys in March from the CEO of around $165K. Analysts have an average target for shares of $36 and Sidoti a Street High $49. BMO positive on 7/28 noting that they can meaningfully enhance its profitability profile given the management’s significant restructuring efforts and incorporating A&S business contribution