Insider Trading Watch List: Manitowoc Company, Inc. (The) $MTW

3274ae475efab90c6e22db48cbfde53d

Manitowoc Company, Inc. (The) (NYSE:MTW) insider have most recently took part in a trading activity. On Nov 29, 2017 Myers Charles David, Director bought 3,854 shares having total worth of $150,768 at the price of $39.12 per share, following the transaction a total of 18,150 shares owned by Myers Charles David.

Furthermore, over the past 12 months , the stock was traded 8 times by insiders. In 6 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Shares of Manitowoc Company, Inc. (The) (NYSE:MTW) traded up 5.67% on Nov 30, 2016, hitting $5.96. 3,031,087 shares of the company’s stock traded hands. Manitowoc Company, Inc. (The) has a 52 week low of $2.9 and a 52 week high of $6.05. The company’s market cap is $609 million.

Manitowoc Company, Inc. (The) (NYSE:MTW) last announced its earnings results on Nov 6, 2017. The company reported 0.09 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.02 by $0.11. The company had revenue of $399 million for the quarter, compared to the consensus estimate of $386 million. During the same quarter in the previous year, the company posted -0.28 earnings per share. The company’s revenue for the quarter was up 14% on a year-over-year basis.

2017-11-06 2017-08-07 2017-05-08 2017-02-01 2016-11-01 2016-08-08 2016-05-04 2016-01-28 2015-10-28 2015-07-29
earnings per share 0.09 0.05 -0.17 -0.23 -0.28 0.04 -0.04 0.43 0.09 0.22
Revenue(M) 399.4 394.6 305.8 378.2 349.8 457.7 427.4 934.8 863.5 885.4

Manitowoc Co Inc a Wisconsin corporation was founded in 1902. It is a multi-industry, capital goods manufacturer operating in two principal markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). The Company’s Crane business is a global provider of engineered lift solutions, offering one of the broadest lines of lifting equipment in the industry. It designs, manufactures, markets, and supports a comprehensive line of crawler cranes, mobile telescopic cranes, tower cranes, and boom trucks. The Crane products are marketed under the Manitowoc, Grove, Potain, National, and Manitowoc Crane CARE brand names and are used in a variety of applications, including energy, petrochemical and industrial projects, infrastructure development such as road, bridge and airport construction, commercial and high-rise residential construction. The Company’s Foodservice business is a manufacturer of commercial foodservice equipment. Its Foodservice capabilities span refrigeration, ice-making, cooking, holding, food-preparation, and beverage-dispensing technologies, and allows to equip entire commercial kitchens The Foodservice products are marketed under the Manitowoc, Garland, U.S. Range, Convotherm, Cleveland, Lincoln, Merrychef, Frymaster, Delfield, Kolpak, Kysor Panel, Servend, Multiplex, and Manitowoc Beverage System brand names. The primary raw material that the Company uses is structural and rolled steel, aluminum, and copper, which are purchased from various domestic and international sources. The Company also purchases engines and electrical equipment and other semi- and fully-processed materials. The Company holds numerous patents pertaining to its crane and foodservice products, and has presently pending applications for additional patents in the United States and foreign countries. In addition, The Company has various registered and unregistered trademarks and licenses that are of material importance to the business.

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.