Insider Trading in Focus: Art’s-Way Manufacturing Co., Inc. $ARTW

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Art’s-Way Manufacturing Co., Inc. (ARTW) insider have most recently took part in a trading activity. On Nov 9, 2017 Mcconnell J Ward Jr, Director, 10% Owner bought 30,500 shares having total worth of $77,470 at the price of $2.54 per share, following the transaction a total of 1,712,699 shares owned by Mcconnell J Ward Jr. Before this latest buy, Mcconnell J Ward Jr purchased ARTW at 3 other times during the past twelve months, for a total investment of $152,320 at an average of $2.52 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. an employee of the company was the buyer in 4 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 3.32%
12 Month 4 0 -6.42%

Shares of Art’s-Way Manufacturing Co., Inc. (ARTW) traded down 3.45% on Dec 5, 2017, hitting $2.8. 10,041 shares of the company’s stock traded hands. Art’s-Way Manufacturing Co., Inc. has a 52 week low of $2.05 and a 52 week high of $4.1. The company’s market cap is $12 million.

Art’s-Way Manufacturing Co., Inc. (ARTW) last announced its earnings results on Oct 4, 2017. The company reported 0.01 earnings per share (EPS) for the quarter. The company had revenue of $7 million for the quarter During the same quarter in the previous year, the company posted -0.04 earnings per share. The company’s revenue for the quarter was up 2% on a year-over-year basis.

2017-10-04 2017-07-13 2017-03-31 2017-02-01 2016-02-03 2015-09-30 2015-06-30 2015-03-30 2015-01-27 2014-11-30
earnings per share 0.01 -0.12 -0.06 -0.10 -0.04 -0.20 0.06 0.04 0.23 0.00
Revenue(M) 6.55 4.69 4.42 4.12 5.96 6.89 7.8 7.29 36.17 8.88

Art’s-Way Manufacturing Co., Inc., was incorporated in Delaware. The Company began operations as a farm equipment manufacturer in 1956. The Company has organized its business into three operating segments i.e. Art’s-Way manufacturing, Art’s-Way Vessels, and Art’s-Way Scientific. Art’s-Way Manufacturing segment manufactures a variety of specialized farm machinery under its own label, including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; a high bulk mixing wagon to mix animal feeds containing silage, hay and grain; a line of portable grain augers; a line of stalk shredders; sugar beet harvesting equipment; and a line of land maintenance equipment, moldboard plows and grain drill equipment. The company sells its labeled products through independent farm equipment dealers throughout the United States. In addition, it manufactures and supplies hay blowers under an original equipment manufacturer agreement with Case New Holland. Art’s-Way vessels segment produces and sells pressurized vessels, both American Society of Mechanical Engineers code and non-code. Art’s-Way Vessels provides a combination of services as a manufacturer and supplier of steel vessels and steel containment systems. It builds in carbon steel and stainless steel, ranging from atmospheric (0 PSI) storage vessels up to any PSI pressure rating required. The Company provides vessels ranging in size from 4-inches to 168-inches in diameter and in various lengths as its customers require. The vessels are mainly sold to manufacturing facilities that would use the vessel as a component part of their end product. The Company mainly serves the following industries: water treatment, air receivers, refineries, co-generation, chemical, petrochemical, storage tanks, agriculture, marine, refrigeration, hydro pneumatic, heavy equipment, pharmaceuticals and mining. In addition to its role as a fabricator of vessels, it provides services including custom CAD drawing, welding, interior linings and exterior finishing, passivation of stainless steel, hydrostatic and pneumatic testing, design, build and finishing of skids, installation of piping, non-destructive examination and heat treating. Art’s-Way Scientific segment produces and sells modular buildings, which are custom designed to meet the research needs of its customers. Buildings commonly produced range from basic swine buildings to complex containment research laboratories. The Company’s Agricultural Products segment manufactures an array of feed processing, hay and forage, tillage and land management and sugar beet harvesting equipment. Brand names include Art’s-Way, Miller Pro, and Badger. The Company distributes goods for its Agricultural Products segment primarily through a network of approximately 1,850 U.S. and Canadian independent dealers whose customers require specialized agricultural machinery.

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.