Haynes International Inc. (NASDAQ:HAYN) Director William P. Wall sold 2,000 shares of the stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $44.30, for a total transaction of $88,600.00. Following the sale, the director now directly owns 15,906 shares in the company, valued at $704,635.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Haynes International Inc. (NASDAQ:HAYN) traded up 2.11% during mid-day trading on Wednesday, hitting $45.48. 74,137 shares of the company were exchanged. The stock’s 50 day moving average is $36.00 and its 200-day moving average is $34.90. The company has a market cap of $562.59 million, a price-to-earnings ratio of 113.70 and a beta of 1.53. Haynes International Inc. has a 12-month low of $25.53 and a 12-month high of $45.71.

Haynes International (NASDAQ:HAYN) last announced its quarterly earnings data on Thursday, November 17th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.03. The company earned $107.50 million during the quarter. Haynes International had a return on equity of 0.60% and a net margin of 1.24%. The company’s revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. Equities research analysts predict that Haynes International Inc. will post $1.86 EPS for the current year.

Insider Buying and Selling by Quarter for Haynes International (NASDAQ:HAYN)

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be paid a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, November 29th. This represents a $0.88 annualized dividend and a dividend yield of 1.93%. Haynes International’s payout ratio is 220.00%.

HAYN has been the topic of a number of research reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Haynes International in a report on Friday, August 5th. Zacks Investment Research raised shares of Haynes International from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 1st. Finally, Rosenblatt Securities cut shares of Haynes International from a “buy” rating to a “neutral” rating and set a $39.00 price objective on the stock. in a report on Monday, August 29th.

Several large investors have recently made changes to their positions in HAYN. Municipal Employees Retirement System of Michigan increased its stake in shares of Haynes International by 1.8% in the third quarter. Municipal Employees Retirement System of Michigan now owns 2,770 shares of the company’s stock valued at $103,000 after buying an additional 50 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Haynes International by 1.6% in the second quarter. Arizona State Retirement System now owns 6,465 shares of the company’s stock valued at $207,000 after buying an additional 100 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Haynes International by 0.4% in the third quarter. Victory Capital Management Inc. now owns 27,590 shares of the company’s stock valued at $1,024,000 after buying an additional 110 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Haynes International by 0.8% in the third quarter. California State Teachers Retirement System now owns 26,336 shares of the company’s stock valued at $977,000 after buying an additional 200 shares during the last quarter. Finally, Teton Advisors Inc. increased its stake in shares of Haynes International by 1.9% in the second quarter. Teton Advisors Inc. now owns 27,500 shares of the company’s stock valued at $882,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 98.26% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “William P. Wall Sells 2,000 Shares of Haynes International Inc. (HAYN) Stock” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this report can be accessed at https://www.thecerbatgem.com/2016/11/23/william-p-wall-sells-2000-shares-of-haynes-international-inc-hayn-stock.html.

Haynes International Company Profile

Haynes International, Inc produces nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company operates through the segment of design, manufacture, marketing and distribution of technologically advanced, high-performance alloys for use in the aerospace, land-based gas turbine, chemical processing and other industries.

5 Day Chart for NASDAQ:HAYN

Receive News & Stock Ratings for Haynes International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haynes International Inc. and related stocks with our FREE daily email newsletter.