Terex Corp (TEX): Kenneth D. Lousberg , President, Terex Cranes of Terex Corp purchased 86 shares on Jul 8, 2016. The Insider buying transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $20.01 per share for a total value of $1,720.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 12, 2016, Kenneth D. Lousberg (President, Terex Cranes) purchased 86 shares at $20.01 per share price.On Jul 12, 2016, Brian J Henry (SVP Finance, Bus Development) purchased 115 shares at $20.01 per share price.Also, On Jul 12, 2016, George Ellis (President, Construction) purchased 23 shares at $20.01 per share price.On Jul 12, 2016, Kevin Bradley (SVP & Chief Financial Officer) purchased 57 shares at $20.01 per share price.
Terex Corporation: On Monday, Jul 11, 2016 heightened volatility was witnessed in Terex Corporation which led to swings in the share price. The shares opened for trading at $20.31 and hit $20.865 on the upside , eventually ending the session at $20.7, with a gain of 2.53% or 0.51 points. The heightened volatility saw the trading volume jump to 11,98,996 shares. The 52-week high of the share price is $27.11 and the company has a market cap of $2,260 M . The 52-week low of the share price is at $13.62.
Company has been under the radar of several Street Analysts.Terex Corporation is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 20 from a previous price target of $25 . The Rating was issued on Jul 11, 2016.Terex Corporation is Resumed by BofA/Merrill to Underperform. The Rating was issued on Jul 7, 2016.Terex Corporation is Resumed by Goldman to Buy. The Rating was issued on Jun 8, 2016.Terex Corporation is Downgraded by Morgan Stanley to Equal-Weight while Lowering the Price Target of the company shares to $ 21 from a previous price target of $26 . Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on May 31, 2016.Terex Corporation is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $24 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 17, 2016.
Terex Corporation is a lifting and material handling solutions company. The Company is focused providing its operations and delivering solutions for a range of commercial applications including the construction infrastructure quarrying mining manufacturing transportation energy and utility industries. The Company operates in business segments: Aerial Work Platforms Construction Cranes Material Handling & Port Solutions and Materials Processing. Its products are manufactured in North and South America Europe Australia and Asia and sold across the world. It offers a range of products including portable material lifts telehandlers wheel loaders midi excavators site dumpers tower cranes utility equipment industrial cranes reach stackers washing systems chippers and sprinter carriers among others. Its brands include Terex Genie Demag and Powerscreen.