Milacron Holdings Corp. (NYSE:MCRN) Director Ira G. Boots sold 101,064 shares of the stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $18.25, for a total transaction of $1,844,418.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Milacron Holdings Corp. (NYSE:MCRN) traded down 0.59% during midday trading on Thursday, reaching $18.39. 597,423 shares of the company were exchanged. The company’s 50-day moving average price is $16.84 and its 200 day moving average price is $16.84. Milacron Holdings Corp. has a 52-week low of $12.43 and a 52-week high of $19.57. The stock’s market capitalization is $1.27 billion.

Milacron Holdings Corp. (NYSE:MCRN) last announced its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Milacron Holdings Corp. had a negative net margin of 0.57% and a negative return on equity of 53.40%. The business had revenue of $309.20 million during the quarter, compared to the consensus estimate of $308.25 million. During the same quarter in the prior year, the firm earned $0.41 EPS. The company’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities analysts predict that Milacron Holdings Corp. will post $1.61 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Insider Selling: Milacron Holdings Corp. (MCRN) Director Sells 101,064 Shares of Stock” was first reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/12/insider-selling-milacron-holdings-corp-mcrn-director-sells-101064-shares-of-stock.html.

Several large investors have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. grew its position in shares of Milacron Holdings Corp. by 6.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,676 shares of the industrial products company’s stock valued at $117,000 after buying an additional 379 shares during the last quarter. Pitcairn Co. grew its position in shares of Milacron Holdings Corp. by 3.5% during the 2nd quarter. Pitcairn Co. now owns 13,292 shares of the industrial products company’s stock valued at $234,000 after buying an additional 452 shares during the last quarter. American International Group Inc. grew its position in shares of Milacron Holdings Corp. by 7.0% during the 1st quarter. American International Group Inc. now owns 8,950 shares of the industrial products company’s stock valued at $167,000 after buying an additional 588 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Milacron Holdings Corp. by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,678 shares of the industrial products company’s stock valued at $117,000 after buying an additional 1,000 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of Milacron Holdings Corp. by 3.3% during the 2nd quarter. Stifel Financial Corp now owns 75,418 shares of the industrial products company’s stock valued at $1,326,000 after buying an additional 2,404 shares during the last quarter.

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Milacron Holdings Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub upgraded shares of Milacron Holdings Corp. from a “sell” rating to a “hold” rating in a research note on Saturday, October 7th. Robert W. Baird reiterated a “buy” rating and set a $23.00 target price on shares of Milacron Holdings Corp. in a research note on Wednesday, October 4th. Finally, TheStreet upgraded shares of Milacron Holdings Corp. from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $22.00.

About Milacron Holdings Corp.

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.

Insider Buying and Selling by Quarter for Milacron Holdings Corp. (NYSE:MCRN)

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