Hurco Companies, Inc. (NASDAQ:HURC) President Gregory S. Volovic sold 10,000 shares of Hurco Companies stock in a transaction on Monday, September 25th. The shares were sold at an average price of $39.16, for a total transaction of $391,600.00. Following the transaction, the president now owns 34,183 shares in the company, valued at approximately $1,338,606.28. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Hurco Companies, Inc. (HURC) opened at 40.35 on Thursday. Hurco Companies, Inc. has a one year low of $24.80 and a one year high of $40.50. The firm has a 50-day moving average of $35.00 and a 200-day moving average of $31.87. The firm has a market cap of $267.28 million, a price-to-earnings ratio of 23.74 and a beta of 0.50.

Hurco Companies (NASDAQ:HURC) last announced its quarterly earnings results on Friday, September 8th. The scientific and technical instruments company reported $0.58 EPS for the quarter. Hurco Companies had a net margin of 4.88% and a return on equity of 6.00%. The company had revenue of $60.77 million for the quarter. Analysts anticipate that Hurco Companies, Inc. will post $2.11 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 9th. Stockholders of record on Monday, September 25th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, September 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.99%. Hurco Companies’s dividend payout ratio (DPR) is 23.53%.

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A number of large investors have recently bought and sold shares of the stock. Royce & Associates LP grew its stake in Hurco Companies by 0.7% in the 2nd quarter. Royce & Associates LP now owns 986,691 shares of the scientific and technical instruments company’s stock valued at $34,288,000 after buying an additional 7,300 shares during the last quarter. FMR LLC grew its stake in Hurco Companies by 8.0% in 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 buying an additional 48,980 shares during the last quarter. Deprince Race & Zollo Inc. grew its stake in Hurco Companies by 2.9% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 263,219 shares of the scientific and technical instruments company’s stock valued at $9,147,000 after buying an additional 7,453 shares during the last quarter. Vanguard Group Inc. grew its stake in Hurco Companies by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 200,487 shares of the scientific and technical instruments company’s stock valued at $6,967,000 after buying an additional 2,450 shares during the last quarter. Finally, AlphaOne Investment Services LLC grew its stake in Hurco Companies by 6.6% in the 2nd quarter. AlphaOne Investment Services LLC now owns 126,451 shares of the scientific and technical instruments company’s stock valued at $4,394,000 after buying an additional 7,866 shares during the last quarter. Institutional investors and hedge funds own 76.27% of the company’s stock.

Separately, ValuEngine upgraded shares of Hurco Companies from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

Hurco Companies Company Profile

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.

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