Haynes International Inc (HAYN) Files Form 4 Insider Buying : Jean C Neel Buys 1,000 Shares

Haynes International Inc (HAYN): Jean C Neel , VP – Corporate Affairs of Haynes International Inc purchased 1,000 shares on May 23, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $27.99 per share for a total value of $27,990.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, Mark Comerford (CEO) purchased 2,500 shares at $26.25 per share price.On May 20, 2016, Bibber David Sean Van (Controller, Chief Acctng Oficr) purchased 300 shares at $26.21 per share price.Also, On Mar 30, 2016, Robert Getz (director) sold 9,000 shares at $37.43 per share price.On Dec 7, 2015, Timothy J Mccarthy (director) sold 1,300 shares at $40.44 per share price.

Shares of Haynes International (HAYN) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.50% at $26.05 with 72,137 shares getting traded. Post opening the session at $26.39, the shares hit an intraday low of $25.84 and an intraday high of $26.6 and the price vacillated in this range throughout the day. The company has a market cap of $325,391 M and the number of outstanding shares has been calculated to be 12,49,10,00,000 shares. The 52-week high of Haynes International is $51.7 and the 52-week low is $25.53.

Haynes International Money Flow Index Chart

Company has been under the radar of several Street Analysts.Haynes International is Initiated by Rosenblatt to Neutral and the brokerage firm has set the Price Target at $33. The Rating was issued on Feb 29, 2016.

Haynes International Inc. (Haynes) is the producer of nickel- and cobalt-based alloys in sheet coil and plate forms. The Company is focused on developing manufacturing marketing and distributing technologically advanced high-performance alloys which are used primarily in the aerospace chemical processing and land-based gas turbine industries. Its products consist of high-temperature resistant alloys (HTA) products and corrosion-resistant alloys (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures such as jet engines for the aerospace market gas turbine engines used for power generation and waste incineration and industrial heating equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing power plant emissions control and hazardous waste treatment. It has manufacturing facilities in Kokomo Indiana; Arcadia Louisiana and Mountain Home North Carolina.

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