Hardinge Inc (HDNG) Files Form 4 Insider Selling : Douglas C Tifft Sells 7,800 Shares

Hardinge Inc (HDNG): Douglas C Tifft , Sr. Vice President – Admin. of Hardinge Inc sold 7,800 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $10.98 per share for a total value of $85,675.98 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Edward J Gaio (Corporate Controller) sold 3,268 shares at $10.58 per share price.On May 19, 2016, J Philip Hunter (Secretary) sold 7,031 shares at $11.81 per share price.Also, On May 19, 2016, Mitchell I Quain (director) sold 8,288 shares at $11.09 per share price.

Hardinge: On Wednesday, May 25, 2016 heightened volatility was witnessed in Hardinge which led to swings in the share price. The shares opened for trading at $10.5195 and hit $11.03 on the upside , eventually ending the session at $10.99, with a gain of 0.64% or 0.07 points. The heightened volatility saw the trading volume jump to 23,778 shares. The 52-week high of the share price is $13.72 and the company has a market cap of $141 M . The 52-week low of the share price is at $7.85.

Hardinge Money Flow Index Chart

Hardinge Inc. (Hardinge) is a designer manufacturer and distributor of machine tools specializing in precision computer numerically controlled metal-cutting machines. The Company supplies high precision computer controlled metal-cutting turning machines grinding machines vertical machining centers and accessories related to those machines. The Company’s operating segments include Metalcutting Machine Solutions (MMS) which consists of high precision computer controlled metalcutting turning machines vertical machining centers horizontal machining centers grinding machines and repair parts related to those machines and The Aftermarket Tooling and Accessories (ATA) which includes products primarily collets and chucks that are purchased by manufacturers throughout the lives of their Hardinge or other branded machines. It has manufacturing facilities located in China Switzerland Taiwan the United Kingdom and the United States.

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