Manitex International Inc (NASDAQ:MNTX) CEO Steve Filipov acquired 15,000 shares of the stock in a transaction dated Tuesday, November 12th. The stock was bought at an average cost of $5.99 per share, with a total value of $89,850.00. Following the completion of the purchase, the chief executive officer now owns 81,736 shares of the company’s stock, valued at $489,598.64. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Steve Filipov also recently made the following trade(s):
- On Thursday, September 5th, Steve Filipov acquired 5,000 shares of Manitex International stock. The stock was bought at an average cost of $5.76 per share, with a total value of $28,800.00.
- On Tuesday, September 3rd, Steve Filipov acquired 5,000 shares of Manitex International stock. The stock was bought at an average cost of $5.60 per share, with a total value of $28,000.00.
Shares of MNTX traded down $0.04 on Friday, reaching $5.95. 473 shares of the company’s stock traded hands, compared to its average volume of 31,351. The company has a current ratio of 1.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.63. The stock has a market cap of $118.54 million, a PE ratio of 17.94, a PEG ratio of 4.82 and a beta of 1.54. The stock’s 50 day simple moving average is $6.01 and its two-hundred day simple moving average is $6.12. Manitex International Inc has a 52-week low of $4.80 and a 52-week high of $8.72.
Several analysts have recently commented on the company. Roth Capital assumed coverage on Manitex International in a research note on Friday, November 8th. They issued a “buy” rating and a $7.00 price objective for the company. Zacks Investment Research downgraded Manitex International from a “buy” rating to a “sell” rating in a research note on Wednesday. Finally, Dougherty & Co reissued a “buy” rating on shares of Manitex International in a research note on Wednesday, August 28th.
Institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC increased its position in shares of Manitex International by 229.0% during the third quarter. Tower Research Capital LLC TRC now owns 3,760 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 2,617 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Manitex International during the second quarter valued at approximately $68,000. Cutter & CO Brokerage Inc. purchased a new stake in shares of Manitex International during the second quarter valued at approximately $77,000. Potrero Capital Research LLC purchased a new stake in shares of Manitex International during the second quarter valued at approximately $389,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Manitex International during the second quarter valued at approximately $394,000. 51.50% of the stock is owned by institutional investors.
Manitex International Company Profile
Manitex International, Inc provides engineered lifting solutions worldwide. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction.
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