Mts Systems Corp (MTSC) Files Form 4 Insider Buying : Chun Hung Yu Buys 2,000 Shares

Mts Systems Corp (MTSC): Chun Hung Yu , director of Mts Systems Corp purchased 2,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $47.44 per share for a total value of $94,880.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, Jeffrey A Graves (CEO) purchased 322 shares at $51.83 per share price.On Apr 8, 2016, Chun Hung Yu (director) purchased 2,000 shares at $52.00 per share price.Also, On Aug 27, 2015, David D Johnson (director) purchased 5,000 shares at $60.33 per share price.

MTS Systems Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in MTS Systems Corporation which led to swings in the share price. The shares opened for trading at $56.09 and hit $56.57 on the upside , eventually ending the session at $56.35, with a gain of 0.68% or 0.38 points. The heightened volatility saw the trading volume jump to 65,730 shares. The 52-week high of the share price is $72.89 and the company has a market cap of $832 M . The 52-week low of the share price is at $48.64.

MTS Systems Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.MTS Systems Corporation is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 68 from a previous price target of $80 . The Rating was issued on May 11, 2016.

MTS Systems Corporation (MTS) is a global supplier of test systems and position sensors. The Company’s operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segment’s testing hardware software and services solutions help customers improve their design development and manufacturing processes and are used for determining the mechanical behavior of materials products and structures. Test also sells a range of accessories and spare parts as well as services including installation calibration maintenance training and consulting. MTS’ sensors segment provides controls for a range of industrial and vehicular applications. The segment’s customer industries include manufacturers of plastic injection molding machines steel mills fluid power oil and gas medical wood product processing equipment mobile equipment and energy.

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