Insider Trading Roundup: Trinity Industries, Inc. $TRN

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Trinity Industries, Inc. (NYSE:TRN) insider have most recently took part in a trading activity. On Aug 31, 2017 Valueact Capital Master Fund, L.p., 10% Owner bought 248,941 shares having total worth of $7,132,160 at the price of $28.65 per share, following the transaction a total of 17,201,060 shares owned by Valueact Capital Master Fund, L.p.. Before this latest buy, Valueact Capital Master Fund, L.p. purchased TRN at 6 other times during the past twelve months, for a total investment of $385.75M at an average of $28.24 per share.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 1 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 8 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 1 10.43%
12 Month 7 1 52.04%

Shares of Trinity Industries, Inc. (NYSE:TRN) traded up 0.17% on Aug 30, 2017, hitting $28.72. 559,826 shares of the company’s stock traded hands. Trinity Industries, Inc. has a 52 week low of $16.36 and a 52 week high of $29.02. The company’s market cap is $3,630 million.

Trinity Industries, Inc. (NYSE:TRN) last announced its earnings results on Jul 25, 2017. The company reported 0.33 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.29 by $0.04. The company had revenue of $906 million for the quarter, compared to the consensus estimate of $924 million. During the same quarter in the previous year, the company posted 0.62 earnings per share. The company’s revenue for the quarter was down 24% on a year-over-year basis.

2017-07-25 2017-04-25 2017-02-16 2016-10-26 2016-07-21 2016-04-21 2016-02-18 2015-10-29 2015-07-23 2015-04-23
earnings per share 0.33 0.30 0.44 0.55 0.62 0.61 1.30 1.31 1.03 0.95
Revenue(M) 905.5 877.3 1104 1112 1185 1188 1547 1542 1677 1627

Trinity Industries, Inc. was incorporated in 1933. It became a Delaware Corporation in 1987. The Company owns a variety of businesses which provide products and services to the industrial, energy, transportation, and construction sectors. The Company manufactures and sells railcars and railcar parts, inland barges, structural wind towers, highway products, concrete and aggregates, tank containers, and a steel parts and components. In addition, it leases railcars to its customers through a captive leasing business, Trinity Industries Leasing Company. The Company serves its customers through five business groups. Its five operating segments are the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, and Railcar Leasing and Management Services Group. Through the wholly-owned subsidiaries, the Company’s Rail Group is a manufacturer of freight Railcars and tank cars in North America. It offers a complete array of railcar solutions to its customers. Through its wholly-owned subsidiaries, primarily Trinity Industries Leasing Company, and a majority-owned subsidiary, TRIP Rail Holdings LLC, the Company offers operating leases for tank cars and freight cars. TILC also offers management and administrative services. It’s Railcar Leasing and Management Services Group is a provider of leasing and management services and an important strategic resource that uniquely links its Rail Group with its customers. Through its wholly owned subsidiaries, the Company’s Construction Products Group produces concrete and aggregates and manufactures highway products as well as other steel products for infrastructure-related projects. Through its wholly owned subsidiaries, the Company’s Inland Barge Group is the manufacturer of inland barges and fiberglass barge covers in the United States. The Company manufactures a variety of dry cargo barges, such as deck barges, and open or covered hopper barges that transport various commodities, such as grain, coal, and aggregates. It also manufactures tank barges used to transport liquid products. Its fiberglass reinforced lift covers are used mainly for grain barges. Through its wholly owned subsidiaries, the Company’s Energy Equipment Group manufactures structural wind towers, tank containers and tank heads for pressure vessels, tank heads for non-pressure vessels, LPG tanks, and utility, traffic, and lighting structures. The Company sells all of its products and services through its own sales personnel operating from offices in multiple locations in the United States as well as Canada, Mexico, the United Kingdom, Singapore, and Sweden. It also uses independent sales representatives to a limited extent. Products manufactured at its railcar manufacturing facilities require a supply of raw materials such as steel, as well as numerous specialty components such as brakes, wheels, axles, side frames, bolsters, and bearings. The main material used in its Rail, Inland Barge, and Energy Equip

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.