Xerium Technologies, Inc. (NYSE:XRM) insider Mark Staton acquired 10,000 shares of the stock in a transaction dated Thursday, August 3rd. The stock was acquired at an average cost of $6.23 per share, for a total transaction of $62,300.00. Following the purchase, the insider now directly owns 20,000 shares in the company, valued at $124,600. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Mark Staton also recently made the following trade(s):

  • On Monday, May 15th, Mark Staton acquired 10,000 shares of Xerium Technologies stock. The stock was acquired at an average cost of $7.03 per share, for a total transaction of $70,300.00.

Shares of Xerium Technologies, Inc. (XRM) traded up 3.03% during trading on Monday, hitting $6.12. 39,472 shares of the stock traded hands. The company has a 50 day moving average of $7.31 and a 200-day moving average of $6.40. The company’s market cap is $100.01 million. Xerium Technologies, Inc. has a 1-year low of $4.68 and a 1-year high of $9.16.

Xerium Technologies (NYSE:XRM) last released its earnings results on Monday, July 31st. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by $0.06. Xerium Technologies had a negative net margin of 6.04% and a negative return on equity of 2.20%. The business had revenue of $120.34 million for the quarter. On average, equities analysts anticipate that Xerium Technologies, Inc. will post $0.43 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This news story was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/08/07/xerium-technologies-inc-xrm-insider-acquires-62300-00-in-stock.html.

An institutional investor recently raised its position in Xerium Technologies stock. WealthTrust Axiom LLC raised its position in shares of Xerium Technologies, Inc. (NYSE:XRM) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,974 shares of the industrial products company’s stock after buying an additional 2,300 shares during the period. WealthTrust Axiom LLC owned approximately 1.05% of Xerium Technologies worth $1,222,000 as of its most recent filing with the SEC. 65.06% of the stock is owned by institutional investors.

Xerium Technologies Company Profile

Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.

Receive News & Ratings for Xerium Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xerium Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.