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Huge Insider Buying at Hyster-Yale: Big Mistake or Simply Early?

Paul Price

Thus far, the executives at Hyster-Yale have been terribly wrong. As of May 24, HY closed at just $44.68, almost 30% below their average buy price. If the insiders were simply early, and subject to the vagaries of this month's sell off, perhaps the rest of us should take a look at HY near its lowest offer price since being spun-off from NACCO Industries, Inc.