Haynes International Inc (HAYN) Files Form 4 Insider Buying : Mark Comerford Buys 2,500 Shares

Haynes International Inc (HAYN): Mark Comerford , CEO of Haynes International Inc purchased 2,500 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $26.25 per share for a total value of $65,625.00 , 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, Bibber David Sean Van (Controller, Chief Acctng Oficr) purchased 300 shares at $26.21 per share price.On Mar 30, 2016, Robert Getz (director) sold 9,000 shares at $37.43 per share price.Also, On Dec 7, 2015, Timothy J Mccarthy (director) sold 1,300 shares at $40.44 per share price.On Dec 7, 2015, William P Wall (director) sold 1,250 shares at $41.00 per share price.

Haynes International: On Thursday, May 19, 2016 heightened volatility was witnessed in Haynes International which led to swings in the share price. The shares opened for trading at $26.25 and hit $26.7 on the upside , eventually ending the session at $26.18, with a gain of 0.27% or 0.07 points. The heightened volatility saw the trading volume jump to 89,817 shares. The 52-week high of the share price is $51.7 and the company has a market cap of $327,014 M . The 52-week low of the share price is at $25.61.

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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