Hurco Companies, Inc. (NASDAQ:HURC) CFO Sonja K. Mcclelland sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $48.01, for a total value of $240,050.00. Following the sale, the chief financial officer now directly owns 25,399 shares of the company’s stock, valued at $1,219,405.99. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Hurco Companies, Inc. (NASDAQ:HURC) traded down $1.10 during midday trading on Wednesday, reaching $46.80. The company’s stock had a trading volume of 49,800 shares, compared to its average volume of 39,430. The company has a market cap of $318.11, a price-to-earnings ratio of 20.80 and a beta of 0.52. Hurco Companies, Inc. has a 1-year low of $26.25 and a 1-year high of $48.95.

Hurco Companies (NASDAQ:HURC) last issued its earnings results on Friday, January 5th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter. The business had revenue of $75.93 million during the quarter. Hurco Companies had a return on equity of 7.76% and a net margin of 6.20%.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Wednesday, January 3rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend was Tuesday, January 2nd. Hurco Companies’s dividend payout ratio (DPR) is presently 17.78%.

A number of hedge funds and other institutional investors have recently modified their holdings of HURC. Thomson Horstmann & Bryant Inc. raised its position in Hurco Companies by 86.1% during the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 251,387 shares of the scientific and technical instruments company’s stock valued at $10,608,000 after purchasing an additional 116,286 shares in the last quarter. FMR LLC raised its position in Hurco Companies by 8.0% during the 2nd quarter. FMR LLC now owns 659,299 shares of the scientific and technical instruments company’s stock valued at $22,911,000 after purchasing an additional 48,980 shares in the last quarter. Algert Global LLC raised its position in Hurco Companies by 288.9% during the 3rd quarter. Algert Global LLC now owns 48,056 shares of the scientific and technical instruments company’s stock valued at $1,999,000 after purchasing an additional 35,698 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in Hurco Companies during the 3rd quarter valued at $1,140,000. Finally, OxFORD Asset Management LLP raised its position in Hurco Companies by 387.4% during the 3rd quarter. OxFORD Asset Management LLP now owns 28,149 shares of the scientific and technical instruments company’s stock valued at $1,161,000 after purchasing an additional 22,374 shares in the last quarter. 78.93% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on HURC. ValuEngine lowered Hurco Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub lowered Hurco Companies from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd.

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About Hurco Companies

Hurco Companies, Inc is an industrial technology company. The Company designs, manufactures and sells computerized (Computer Numeric Control (CNC)) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry. It operates in the industrial automation equipment segment.

Insider Buying and Selling by Quarter for Hurco Companies (NASDAQ:HURC)

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