Insider Trader Watch: Titan International, Inc. $TWI

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Titan International, Inc. (NYSE:TWI) insider have most recently took part in a trading activity. On Dec 14, 2017 Froisland James M, CFO & CIO bought 5,000 shares having total worth of $58,250 at the price of $11.65 per share, following the transaction a total of 5,000 shares owned by Froisland James M.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 1 times by insiders. In 1 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 -7.13%
12 Month 0 1 82.55%

Shares of Titan International, Inc. (NYSE:TWI) traded down 2.33% on Dec 14, 2017, hitting $11.72. 296,232 shares of the company’s stock traded hands. Titan International, Inc. has a 52 week low of $6.04 and a 52 week high of $14.15. The company’s market cap is $479 million.

Titan International, Inc. (NYSE:TWI) last announced its earnings results on Nov 2, 2017. The company reported -0.09 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.12 by $0.03. The company had revenue of $371 million for the quarter, compared to the consensus estimate of $330 million. During the same quarter in the previous year, the company posted -0.18 earnings per share. The company’s revenue for the quarter was up 21% on a year-over-year basis.

2017-11-02 2017-08-03 2017-05-04 2017-03-15 2016-11-03 2016-08-04 2016-05-05 2016-02-25 2015-11-06 2015-07-30
earnings per share -0.09 -0.17 -0.18 -0.24 -0.18 -0.04 -0.17 -0.38 -0.59 0.02
Revenue(M) 370.99 364.4 357.5 307.29 306.2 330.21 321.79 307.81 308.84 376.07

Titan International, Inc., was founded in 1890 and was incorporated in 1983 in the State of Illinois. It is a wheel, tire and undercarriage industrial group servicing customers across its target markets. As a manufacturer in the off-highway industry, it produces specialty products to meet the specifications of original equipment manufacturers and aftermarket customers in the agricultural, earthmoving/construction and consumer markets. For the agricultural market, the Company manufactures rims, wheels and tires for use on various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters and irrigation equipment, and are sold directly to OEMs and to the aftermarket through independent distributors, equipment dealers and Titan’s own distribution centers. For the earthmoving/ construction market, the Company manufactures rims, wheels and tires for various types of OTR earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks and backhoe loaders. For the Consumer market, the Company manufactures bias truck tires in Latin America, provides wheels and tires and assembles brakes, actuators and components for the domestic boat, recreational and utility trailer markets. It also offers select products for ATVs, turf, and golf car applications. Steel and rubber are the primary raw materials used by the Company in all segments. It distributes wheels and tires directly to OEMs. The distribution of aftermarket tires occurs through a network of independent and OEM-affiliated dealers. The Company distributes wheel and tire assemblies directly to OEMs and aftermarket customers through its distribution network consisting of facilities in the United States and Latin America. The Company’s research, development and engineering staff tests original designs and technologies and develops new manufacturing methods to improve product performance. The Company competitors in the off-highway wheel market include Carlisle Companies Incorporated, GKN Wheels, Ltd., Topy Industries, Ltd. and certain other foreign competitors. Other competitors in the off-highway tire market include Bridgestone/Firestone, Carlisle Companies Incorporated, Michelin, Pirelli and certain other foreign competitors. It is subject to extensive and evolving federal, state and local environmental laws and regulations, and has made provisions for the estimated financial impact of environmental cleanup.

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.