MSA Safety Incorporporated (NYSE:MSA) insider Kerry M. Bove sold 5,947 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $80.21, for a total value of $477,008.87. Following the completion of the sale, the insider now owns 66,863 shares in the company, valued at approximately $5,363,081.23. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

MSA Safety Incorporporated (NYSE:MSA) traded up 0.71% during midday trading on Tuesday, reaching $81.28. The company had a trading volume of 149,057 shares. The company’s 50 day moving average is $76.71 and its 200-day moving average is $76.73. MSA Safety Incorporporated has a 52-week low of $55.00 and a 52-week high of $85.80. The company has a market capitalization of $3.10 billion, a P/E ratio of 40.95 and a beta of 1.64.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.92 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 firm had revenue of $296.13 million during the quarter, compared to analyst estimates of $298.47 million. During the same quarter last year, the business posted $0.72 EPS. The company’s revenue was up 6.4% on a year-over-year basis. Equities analysts expect that MSA Safety Incorporporated will post $3.20 earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its stake in MSA Safety Incorporporated by 2.4% in the 2nd quarter. BlackRock Inc. now owns 3,269,220 shares of the industrial products company’s stock worth $265,362,000 after purchasing an additional 76,591 shares during the period. Vanguard Group Inc. boosted its stake in MSA Safety Incorporporated by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 3,179,874 shares of the industrial products company’s stock worth $258,111,000 after purchasing an additional 119,428 shares during the period. State Street Corp boosted its stake in MSA Safety Incorporporated by 39.7% in the 2nd quarter. State Street Corp now owns 2,931,757 shares of the industrial products company’s stock worth $237,966,000 after purchasing an additional 833,603 shares during the period. Bank of New York Mellon Corp boosted its stake in MSA Safety Incorporporated by 10.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,287,775 shares of the industrial products company’s stock worth $104,529,000 after purchasing an additional 124,825 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in MSA Safety Incorporporated by 96.4% in the 2nd quarter. Principal Financial Group Inc. now owns 851,097 shares of the industrial products company’s stock worth $69,084,000 after purchasing an additional 417,796 shares during the period. 66.49% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently weighed in on the company. Robert W. Baird upped their price target on MSA Safety Incorporporated from $80.00 to $89.00 and gave the stock a “neutral” rating in a report on Sunday. Zacks Investment Research cut MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a report on Friday. Barrington Research restated a “market perform” rating on shares of MSA Safety Incorporporated in a report on Monday. BidaskClub cut MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Finally, Stifel Nicolaus restated a “buy” rating and issued a $91.00 price target on shares of MSA Safety Incorporporated in a report on Friday, August 4th. Two equities 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 company presently has a consensus rating of “Hold” and an average price target 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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