Insider Selling: Milacron Holdings Corp. (MCRN) COO Sells 8,820 Shares of Stock

Milacron Holdings Corp. (NYSE:MCRN) COO Ronald M. Krisanda sold 8,820 shares of the company’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $18.57, for a total transaction of $163,787.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ronald M. Krisanda also recently made the following trade(s):

  • On Monday, October 23rd, Ronald M. Krisanda sold 8,820 shares of Milacron Holdings Corp. stock. The stock was sold at an average price of $18.54, for a total transaction of $163,522.80.
  • On Monday, October 23rd, Ronald M. Krisanda sold 17,640 shares of Milacron Holdings Corp. stock. The stock was sold at an average price of $18.56, for a total transaction of $327,398.40.
  • On Wednesday, October 11th, Ronald M. Krisanda sold 10,000 shares of Milacron Holdings Corp. stock. The stock was sold at an average price of $18.11, for a total transaction of $181,100.00.

Milacron Holdings Corp. (NYSE MCRN) traded down $0.10 during mid-day trading on Friday, reaching $16.86. 305,200 shares of the company’s stock were exchanged, compared to its average volume of 493,202. The firm has a market cap of $1,160.00 and a P/E ratio of 10.04. The company has a debt-to-equity ratio of -5.41, a quick ratio of 1.31 and a current ratio of 2.39. Milacron Holdings Corp. has a 12 month low of $14.89 and a 12 month high of $19.57.

Milacron Holdings Corp. (NYSE:MCRN) last released its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.02. The company had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. Milacron Holdings Corp. had a negative net margin of 0.09% and a negative return on equity of 56.93%. Milacron Holdings Corp.’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 EPS. analysts anticipate that Milacron Holdings Corp. will post 1.62 earnings per share for the current year.

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MCRN has been the topic of a number of research reports. BidaskClub lowered shares of Milacron Holdings Corp. from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. TheStreet raised shares of Milacron Holdings Corp. from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered shares of Milacron Holdings Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. KeyCorp reaffirmed a “buy” rating and issued a $21.00 price target on shares of Milacron Holdings Corp. in a research note on Friday, October 20th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $23.00 price target on shares of Milacron Holdings Corp. in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Milacron Holdings Corp. presently has a consensus rating of “Buy” and an average target price of $21.67.

Hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN increased its holdings in shares of Milacron Holdings Corp. by 78.9% during the 3rd quarter. Wells Fargo & Company MN now owns 3,408,106 shares of the industrial products company’s stock worth $57,461,000 after buying an additional 1,503,316 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Milacron Holdings Corp. by 186.7% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,822 shares of the industrial products company’s stock worth $621,000 after buying an additional 23,977 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Milacron Holdings Corp. by 209.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 103,548 shares of the industrial products company’s stock worth $1,755,000 after buying an additional 70,116 shares during the last quarter. American International Group Inc. increased its holdings in shares of Milacron Holdings Corp. by 29.8% during the 3rd quarter. American International Group Inc. now owns 36,147 shares of the industrial products company’s stock worth $609,000 after buying an additional 8,308 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Milacron Holdings Corp. during the 3rd quarter worth approximately $338,000. Institutional investors own 91.48% of the company’s stock.

Milacron Holdings Corp. Company Profile

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.

Insider Buying and Selling by Quarter for Milacron Holdings Corp. (NYSE:MCRN)

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