Jane Street Group LLC Sells 2,552 Shares of Manitex International, Inc. (NASDAQ:MNTX)

Jane Street Group LLC decreased its holdings in Manitex International, Inc. (NASDAQ:MNTX) by 12.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,920 shares of the industrial products company’s stock after selling 2,552 shares during the quarter. Jane Street Group LLC owned 0.09% of Manitex International worth $101,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its stake in shares of Manitex International by 13.1% during the 2nd quarter. Renaissance Technologies LLC now owns 142,073 shares of the industrial products company’s stock worth $629,000 after acquiring an additional 16,433 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in Manitex International by 2.9% in the 2nd quarter. First Eagle Investment Management LLC now owns 306,084 shares of the industrial products company’s stock worth $1,356,000 after purchasing an additional 8,500 shares during the period. Marshall Wace LLP purchased a new position in Manitex International during the second quarter valued at $128,000. Pacific Ridge Capital Partners LLC lifted its position in Manitex International by 0.3% during the second quarter. Pacific Ridge Capital Partners LLC now owns 917,475 shares of the industrial products company’s stock valued at $4,064,000 after purchasing an additional 2,871 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. grew its holdings in Manitex International by 123.7% during the third quarter. Cutter & CO Brokerage Inc. now owns 49,350 shares of the industrial products company’s stock valued at $278,000 after purchasing an additional 27,291 shares during the period. 46.01% of the stock is currently owned by institutional investors.

Manitex International Stock Performance

MNTX opened at $5.80 on Wednesday. The firm has a market cap of $118.30 million, a P/E ratio of 12.61 and a beta of 0.77. Manitex International, Inc. has a 1-year low of $3.07 and a 1-year high of $8.60. The company has a 50 day simple moving average of $5.76 and a two-hundred day simple moving average of $5.19. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.64 and a quick ratio of 0.66.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Manitex International in a research report on Tuesday. They set a “hold” rating on the stock.

Manitex International Company Profile

Manitex International, Inc provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms.