Hardinge Inc (HDNG): J Philip Hunter , Secretary of Hardinge Inc sold 7,031 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $11.81 per share for a total value of $82,997.12 , 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 19, 2016, Mitchell I Quain (director) sold 8,288 shares at $11.09 per share price.
Shares of Hardinge (HDNG) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.36% at $10.97 with 23,824 shares getting traded. Post opening the session at $10.92, the shares hit an intraday low of $10.81 and an intraday high of $11 and the price vacillated in this range throughout the day. The company has a market cap of $141 M and the number of outstanding shares has been calculated to be 1,28,69,771 shares. The 52-week high of Hardinge is $13.72 and the 52-week low is $7.85.
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.