Twin Disc, Incorporated (NASDAQ:TWIN) VP Denise Wilcox sold 5,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $27.25, for a total value of $136,250.00. Following the transaction, the vice president now owns 33,513 shares in the company, valued at $913,229.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Twin Disc, Incorporated (NASDAQ:TWIN) traded down $0.17 during midday trading on Wednesday, hitting $27.10. The stock had a trading volume of 35,100 shares, compared to its average volume of 36,223. The firm has a market capitalization of $312.40, a PE ratio of 1,363.50 and a beta of 1.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 3.12. Twin Disc, Incorporated has a twelve month low of $13.95 and a twelve month high of $29.35.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Friday, October 27th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter. The business had revenue of $45.06 million for the quarter, compared to analysts’ expectations of $45.90 million. Twin Disc had a positive return on equity of 0.27% and a negative net margin of 0.12%. The company’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period last year, the firm earned ($0.24) earnings per share. sell-side analysts expect that Twin Disc, Incorporated will post 0.58 earnings per share for the current fiscal year.

A number of research firms have commented on TWIN. Zacks Investment Research upgraded Twin Disc from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Thursday, August 17th. TheStreet upgraded Twin Disc from a “d+” rating to a “c-” rating in a research note on Monday, August 28th.

Several hedge funds and other institutional investors have recently made changes to their positions in TWIN. Gamco Investors INC. ET AL raised its stake in shares of Twin Disc by 9.8% in the third quarter. Gamco Investors INC. ET AL now owns 1,342,651 shares of the industrial products company’s stock valued at $24,987,000 after acquiring an additional 119,838 shares in the last quarter. State Street Corp acquired a new stake in shares of Twin Disc in the second quarter valued at $1,406,000. Northern Trust Corp raised its stake in shares of Twin Disc by 243.0% in the second quarter. Northern Trust Corp now owns 106,518 shares of the industrial products company’s stock valued at $1,720,000 after acquiring an additional 75,460 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Twin Disc in the first quarter valued at $887,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Twin Disc in the third quarter valued at $608,000. Institutional investors and hedge funds own 52.58% of the company’s stock.

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Twin Disc Company Profile

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.

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