TPI Composites Inc (NASDAQ:TPIC) Director Michael Lawrence Derosa sold 44,421 shares of the business’s stock in a transaction that occurred on Friday, February 8th. The shares were sold at an average price of $30.73, for a total transaction of $1,365,057.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Michael Lawrence Derosa also recently made the following trade(s):

  • On Monday, February 4th, Michael Lawrence Derosa sold 36,470 shares of TPI Composites stock. The shares were sold at an average price of $30.88, for a total transaction of $1,126,193.60.
  • On Wednesday, February 6th, Michael Lawrence Derosa sold 87,228 shares of TPI Composites stock. The shares were sold at an average price of $30.92, for a total transaction of $2,697,089.76.
  • On Monday, January 28th, Michael Lawrence Derosa sold 35,864 shares of TPI Composites stock. The shares were sold at an average price of $28.96, for a total transaction of $1,038,621.44.
  • On Tuesday, January 22nd, Michael Lawrence Derosa sold 33,882 shares of TPI Composites stock. The shares were sold at an average price of $28.91, for a total transaction of $979,528.62.
  • On Monday, January 14th, Michael Lawrence Derosa sold 49,761 shares of TPI Composites stock. The shares were sold at an average price of $29.43, for a total transaction of $1,464,466.23.
  • On Wednesday, January 16th, Michael Lawrence Derosa sold 170,625 shares of TPI Composites stock. The shares were sold at an average price of $29.36, for a total transaction of $5,009,550.00.
  • On Wednesday, December 19th, Michael Lawrence Derosa sold 29,377 shares of TPI Composites stock. The shares were sold at an average price of $23.80, for a total transaction of $699,172.60.
  • On Monday, December 17th, Michael Lawrence Derosa sold 59,633 shares of TPI Composites stock. The shares were sold at an average price of $24.94, for a total transaction of $1,487,247.02.
  • On Monday, December 10th, Michael Lawrence Derosa sold 19,853 shares of TPI Composites stock. The shares were sold at an average price of $26.10, for a total transaction of $518,163.30.
  • On Thursday, December 6th, Michael Lawrence Derosa sold 30,903 shares of TPI Composites stock. The shares were sold at an average price of $26.49, for a total transaction of $818,620.47.

TPIC stock traded down $0.22 during midday trading on Monday, reaching $30.40. The company had a trading volume of 207,856 shares, compared to its average volume of 239,006. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.52. TPI Composites Inc has a 1 year low of $18.34 and a 1 year high of $32.22. The stock has a market cap of $1.06 billion, a PE ratio of 24.32 and a beta of 0.92.

Several equities analysts recently commented on the stock. BidaskClub raised shares of TPI Composites from a “hold” rating to a “buy” rating in a research note on Saturday, January 5th. TheStreet raised shares of TPI Composites from a “c” rating to a “b” rating in a research note on Monday, November 26th. Zacks Investment Research raised shares of TPI Composites from a “sell” rating to a “hold” rating in a research note on Saturday, November 17th. JMP Securities set a $39.00 price objective on shares of TPI Composites and gave the company a “buy” rating in a research note on Thursday, November 8th. Finally, Cowen set a $33.00 price objective on shares of TPI Composites and gave the company a “buy” rating in a research note on Thursday, November 8th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $37.36.

A number of hedge funds have recently added to or reduced their stakes in the business. Investec Asset Management LTD grew its stake in TPI Composites by 0.7% in the 4th quarter. Investec Asset Management LTD now owns 96,327 shares of the industrial products company’s stock worth $2,368,000 after buying an additional 685 shares in the last quarter. Keybank National Association OH lifted its holdings in shares of TPI Composites by 16.1% in the 3rd quarter. Keybank National Association OH now owns 16,648 shares of the industrial products company’s stock worth $475,000 after acquiring an additional 2,312 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of TPI Composites in the 4th quarter worth approximately $60,000. Teachers Advisors LLC lifted its holdings in shares of TPI Composites by 9.6% in the 3rd quarter. Teachers Advisors LLC now owns 28,989 shares of the industrial products company’s stock worth $828,000 after acquiring an additional 2,536 shares during the last quarter. Finally, First Quadrant L P CA lifted its holdings in shares of TPI Composites by 155.0% in the 3rd quarter. First Quadrant L P CA now owns 4,852 shares of the industrial products company’s stock worth $139,000 after acquiring an additional 2,949 shares during the last quarter. 62.92% of the stock is owned by institutional investors and hedge funds.

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TPI Composites Company Profile

TPI Composites, Inc manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. It operates in the United States, Asia, Mexico, Europe, the Middle East, and Africa.

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Insider Buying and Selling by Quarter for TPI Composites (NASDAQ:TPIC)

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