Park Ohio Holdings Corp (PKOH): Aaron Malachi Iii Mixon , director of Park Ohio Holdings Corp purchased 4,000 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $25.07 per share for a total value of $100,290.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Ronna Romney (director) sold 1,900 shares at $41.11 per share price.On Dec 21, 2015, Edward F Crawford (CEO) purchased 4,034 shares at $34.99 per share price.Also, On Dec 17, 2015, John D Grampa (director) purchased 2,000 shares at $35.59 per share price.On Sep 18, 2015, Steven H Rosen (director) purchased 1,000 shares at $34.78 per share price.
Park-Ohio Holdings Corp.: On Friday, May 6, 2016 heightened volatility was witnessed in Park-Ohio Holdings Corp. which led to swings in the share price. The shares opened for trading at $23.93 and hit $25.36 on the upside , eventually ending the session at $24.99, with a gain of 6.70% or 1.57 points. The heightened volatility saw the trading volume jump to 2,33,418 shares. The 52-week high of the share price is $55.31 and the company has a market cap of $307 M . The 52-week low of the share price is at $23.2084.
Company has been under the radar of several Street Analysts.Park-Ohio Holdings Corp. is Downgraded by FBR Capital to Mkt Perform while Lowering the Price Target of the company shares to $ 33 from a previous price target of $50 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 5, 2016.Park-Ohio Holdings Corp. is Reiterated by FBR Capital to Outperform while Lowering the Price Target of the company shares to $ 50 from a previous price target of $65 . The Rating was issued on Mar 15, 2016.
Park-Ohio Holdings Corp. is a holding company. The Company operates through the subsidiaries owned by its direct subsidiary which is Park-Ohio Industries Inc. Park-Ohio is an industrial supply chain logistics and diversified manufacturing business operating in three segments: Supply Technologies Assembly Components and Engineered Products. Supply Technologies provides its customers with Total Supply Management services for a range of high-volume specialty production components. Assembly Components manufactures cast and machined aluminum components automotive and industrial rubber and thermoplastic products gasoline direct injection systems fuel filler and hydraulic assemblies for automotive agricultural equipment construction equipment heavy-duty truck and marine equipment industries. Engineered Products operates a group of manufacturing businesses that design and manufacture a range of products engineered for specific customer applications.