Hurco Companies, Inc. (NASDAQ:HURC – Get Free Report) major shareholder Polar Asset Management Partner sold 24,300 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $22.50, for a total transaction of $546,750.00. Following the sale, the insider now owns 806,943 shares in the company, valued at approximately $18,156,217.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Hurco Companies Stock Up 1.7 %
HURC traded up $0.37 during trading hours on Wednesday, hitting $21.87. 5,529 shares of the company’s stock were exchanged, compared to its average volume of 23,938. The stock has a market cap of $142.66 million, a price-to-earnings ratio of -46.74 and a beta of 0.38. Hurco Companies, Inc. has a 1-year low of $14.82 and a 1-year high of $28.20. The stock’s 50-day moving average is $17.92 and its two-hundred day moving average is $17.80.
Hurco Companies (NASDAQ:HURC – Get Free Report) last announced its quarterly earnings data on Friday, September 6th. The scientific and technical instruments company reported ($1.47) earnings per share (EPS) for the quarter. The company had revenue of $42.65 million for the quarter. Hurco Companies had a negative return on equity of 5.87% and a negative net margin of 6.40%.
Institutional Inflows and Outflows
Hurco Companies Company Profile
Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines.
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