MSA Safety Incorporporated (NYSE:MSA) VP Markus H. Weber sold 3,566 shares of the business’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $80.12, for a total transaction of $285,707.92. Following the transaction, the vice president now owns 12,651 shares in the company, valued at $1,013,598.12. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

MSA Safety Incorporporated (NYSE:MSA) traded up 0.99% on Tuesday, hitting $81.51. 68,985 shares of the stock traded hands. MSA Safety Incorporporated has a 52 week low of $55.00 and a 52 week high of $85.80. The firm has a market capitalization of $3.11 billion, a PE ratio of 41.06 and a beta of 1.64. The stock has a 50 day moving average of $76.71 and a 200 day moving average of $76.73.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.13. MSA Safety Incorporporated had a net margin of 7.32% and a return on equity of 20.52%. The business had revenue of $296.13 million during the quarter, compared to the consensus estimate of $298.47 million. During the same quarter last year, the company posted $0.72 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities research analysts anticipate that MSA Safety Incorporporated will post $3.20 earnings per share for the current year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Riverhead Capital Management LLC increased its holdings in MSA Safety Incorporporated by 58.1% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the industrial products company’s stock worth $103,000 after buying an additional 465 shares during the last quarter. Citigroup Inc. increased its holdings in MSA Safety Incorporporated by 18.3% during the second quarter. Citigroup Inc. now owns 1,401 shares of the industrial products company’s stock worth $114,000 after buying an additional 217 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in MSA Safety Incorporporated by 8.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,560 shares of the industrial products company’s stock worth $127,000 after buying an additional 124 shares during the last quarter. Royal Bank of Canada increased its holdings in MSA Safety Incorporporated by 3.3% during the second quarter. Royal Bank of Canada now owns 1,643 shares of the industrial products company’s stock worth $133,000 after buying an additional 53 shares during the last quarter. Finally, Pacad Investment Ltd. increased its holdings in MSA Safety Incorporporated by 27.8% during the second quarter. Pacad Investment Ltd. now owns 2,300 shares of the industrial products company’s stock worth $187,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 66.49% of the company’s stock.

MSA has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Robert W. Baird lowered shares of MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 price objective on the stock. in a research note on Tuesday, October 3rd. BidaskClub lowered shares of MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Barrington Research restated a “market perform” rating on shares of MSA Safety Incorporporated in a research note on Monday. Finally, Stifel Nicolaus restated a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $89.33.

About MSA Safety Incorporporated

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Insider Buying and Selling by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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