Insider Activity to Watch: Terex Corporation $TEX

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Terex Corporation (NYSE:TEX) insiders have most recently took part in a trading activity. On Dec 6, 2017 Sheehan John D, Senior Vice President, CFO bought 273 shares having total worth of $12,523 at the price of $45.87 per share, following the transaction a total of 117,074 shares owned by Sheehan John D. Before this latest buy, Sheehan John D purchased TEX at 7 other times during the past twelve months, for a total investment of $81,196 at an average of $36.81 per share.

On the same day, Henry Brian J, SVP Finance, Bus Development bought 51 shares having total worth of $2,305 at the price of $45.2 per share, following the transaction a total of 315,796 shares owned by Henry Brian J. Before this latest buy, Henry Brian J purchased TEX at 10 other times during the past twelve months, for a total investment of $25,367 at an average of $35.37 per share.

On the same day, Barr Kevin A, Senior V. P. Human Resources bought 5 shares having total worth of $226 at the price of $45.2 per share, following the transaction a total of 127,059 shares owned by Barr Kevin A. Before this latest buy, Barr Kevin A purchased TEX at 9 other times during the past twelve months, for a total investment of $2,281 at an average of $35.02 per share.

The stock has experienced a total of 10 insider trades in the past three months. These trades include 7 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 74 times by insiders. In 35 of these trades, the insider was a seller while an employee of the company was the buyer in 39 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 7 15.79%
12 Month 39 35 101.51%

Shares of Terex Corporation (NYSE:TEX) traded down 1.48% on Dec 6, 2017, hitting $45.32. 839,052 shares of the company’s stock traded hands. Terex Corporation has a 52 week low of $19.16 and a 52 week high of $47.11. The company’s market cap is $2,560 million.

Terex Corporation (NYSE:TEX) last announced its earnings results on Oct 31, 2017. The company reported 0.50 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.36 by $0.14. The company had revenue of $1,111 million for the quarter, compared to the consensus estimate of $1,030 million. During the same quarter in the previous year, the company posted 0.19 earnings per share. The company’s revenue for the quarter was up 5% on a year-over-year basis.

2017-10-31 2017-05-02 2017-02-21 2016-10-31 2016-04-26 2016-02-16 2015-10-21 2015-07-30 2015-04-29 2015-02-17
earnings per share 0.50 0.05 0.07 0.19 -0.05 0.50 0.58 0.78 -0.02 0.72
Revenue(M) 1111 1007 974.7 1056 1427 1578 1641 1829 1496 1789

Terex Corp was incorporated in Delaware in October 1986 as Terex U.S.A., Inc. The Company is a equipment manufacturer of a variety of machinery products. It provides solutions of commercial applications, including the construction, infrastructure, and quarrying, shipping, transportation, power and energy industries. It operates in five reportable segments: Aerial Work Platforms, Construction, Cranes, MHPS and Materials Processing. The Aerial Work Platforms segment designs, manufactures, refurbishes, services and markets aerial work platform equipment, telehandlers, light towers, bridge inspection equipment, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts and utility equipment as well as their related replacement parts and components. The Construction segment designs, manufactures and markets heavy construction equipment, which includes off-highway trucks and material handlers, compact construction equipment such as loader backhoes, compaction equipment, mini and midi excavators, site dumpers and compact track loaders, among others and roadbuilding equipment, including asphalt and concrete equipment and landfill compactors, as well as their related replacement parts and components. The Cranes segment designs, manufactures, services and markets mobile telescopic cranes, tower cranes, lattice boom crawler cranes, lattice boom truck cranes, truck-mounted cranes (boom trucks) and specialized port and rail equipment, including straddle and sprinter carriers, gantry cranes, ship-to-shore cranes, reach stackers, empty container handlers, full container handlers and general cargo lift trucks and forklifts, as well as their related replacement parts and components. Cranes products are used primarily for construction, repair and maintenance of commercial buildings, manufacturing facilities and infrastructure and material handling at port and railway facilities. The Material Handling & Port Solutions segment designs, manufactures, refurbishes, services and markets industrial cranes, including standard cranes, process cranes, rope and chain hoists, electric motors, light crane systems and crane components and port equipment such as mobile harbor cranes, automated stacking cranes, automated guided vehicles as well as terminal automation technology, including software. The Materials Processing segment designs, manufactures and markets materials processing equipment, including crushers, washing systems, screens, apron feeders, chippers and related components and replacement parts. Construction, quarrying, mining, recycling, landscaping and government customers use MP products in construction, recycling, landscaping and infrastructure projects, as well as in various quarrying and mining applications. The Company also provides rental, leasing and acquisition of its products through Terex Financial Services. The Company competes with other manufacturers based on factors, particularly price, perfor

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.