Hurco Companies, Inc. (NASDAQ:HURC – Get Free Report) major shareholder Polar Asset Management Partner sold 24,300 shares of Hurco Companies stock in a transaction on Monday, October 7th. The shares were sold at an average price of $22.50, for a total transaction of $546,750.00. Following the completion of the sale, the insider now directly owns 806,943 shares of the company’s stock, valued at approximately $18,156,217.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Hurco Companies Price Performance
Shares of NASDAQ HURC opened at $21.36 on Friday. The stock has a market capitalization of $139.33 million, a P/E ratio of -46.43 and a beta of 0.38. The company has a 50-day moving average price of $18.11 and a 200-day moving average price of $17.85. Hurco Companies, Inc. has a 1 year low of $14.82 and a 1 year high of $28.20.
Hurco Companies (NASDAQ:HURC – Get Free Report) last issued its quarterly earnings data on Friday, September 6th. The scientific and technical instruments company reported ($1.47) earnings per share (EPS) for the quarter. Hurco Companies had a negative net margin of 6.40% and a negative return on equity of 5.87%. The business had revenue of $42.65 million for the quarter.
Institutional Inflows and Outflows
About Hurco Companies
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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