Notable Insider Trading: Mistras Group Inc $MG

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Mistras Group Inc (NYSE:MG) insider have most recently took part in a trading activity. On Aug 18, 2017 Stamatakis Manuel N., Director bought 7,500 shares having total worth of $137,700 at the price of $18.36 per share, following the transaction a total of 53,546 shares owned by Stamatakis Manuel N..

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 19 times by insiders. In 16 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 -14.95%
12 Month 3 16 -24.76%

Shares of Mistras Group Inc (NYSE:MG) traded up 0.4% on Aug 23, 2017, hitting $17.47. 62,696 shares of the company’s stock traded hands. Mistras Group Inc has a 52 week low of $17.12 and a 52 week high of $26.33. The company’s market cap is $672 million.

Mistras Group Inc (NYSE:MG) last announced its earnings results on Aug 8, 2017. The company reported 0.09 earnings per share (EPS) for the quarter. The company had revenue of $170 million for the quarter During the same quarter in the previous year, the company posted 0.22 earnings per share. The company’s revenue for the quarter was up 1% on a year-over-year basis.

2017-08-08 2017-05-08 2017-03-16 2017-01-04 2016-10-06 2016-08-10 2016-04-06 2016-01-06 2015-10-07 2015-08-05
earnings per share 0.09 0.08 0.08 0.26 0.22 0.22 0.12 0.39 0.23 0.20
Revenue(M) 170.44 163.32 170.16 176.64 168.44 184.19 160.36 194.79 179.85 174.69

Mistras Group, Inc. formerly known as Mistras Holdings Corp. was incorporated in Delaware. The Company and its subsidiaries provides of technology-enabled asset protection solutions, which combines the skill and experience of certified technicians, engineers and scientists with non-destructive testing (NDT), mechanical integrity services, and plant conditioning monitoring software and systems (PCMS), to evaluate the structural integrity of critical energy, industrial and public infrastructure. The Company serves its customer base, including companies in the oil and gas, power generation and transmission, public infrastructure, chemicals, aerospace and defense, transportation, metals and metalworking, pharmaceuticals and food processing industries. Its asset protection solutions have evolved over time as it has combined the disciplines of NDT, MI services and data analysis software to provide value to its customers. It makes NDT a highly attractive alternative to many traditional intrusive inspection techniques, which require dismantling equipment or shutting down a plant, refinery, mill or site. MI services involve conducting an inventory of infrastructure assets, developing and implementing inspection and maintenance procedures, training personnel in executing these procedures and managing inspections, testing and assessments of customer assets. It provides a range of solutions that includes: traditional outsourced NDT services conducted by its technicians, mechanical integrity assessments, above-ground storage tank inspection and American. It provides testing and inspection services to customer base across energy-related, industrial and public infrastructure industries.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.