|Bid||3.7000 x 900|
|Ask||3.9000 x 4000|
|Day's Range||3.8000 - 3.9860|
|52 Week Range||1.8900 - 5.6200|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||3.41|
|Earnings Date||May 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 04, 2014|
|1y Target Est||N/A|
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […]
Pete Knapper became the CEO of SIFCO Industries, Inc. (NYSEMKT:SIF) in 2016, and we think it's a good time to look at...
Molten Donald C Jr. filed a Form 4 with the SEC on Friday, August 21. The insider sold 200 shares of SIFCO Industries, Inc. (AMEX:SIF) at an average price of $4.10. After the transaction, the executive's stake in SIFCO Industries, Inc. Common Stock Inc. moved to 48,899 shares. SIFCO was trading flat in today's trade.Why Insider Transactions Are Important? While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Conversely, insiders who are selling stock at new lows can potentially indicate some kind of capitulation moment. Insiders selling at new highs can indicate that exec wants to "take some profit" and "lock in a gain."Important Transaction Codes Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the company's stock moving forward.Transaction codes other than P or S are often viewed with less conviction as they are often not tied to a decision by the exec. As an example, transaction code C indicates the conversion of an option. Transaction code A indicates the insider may have been forced to sell shares in order to receive compensation the exec was promised upon being hired by a company.See more from Benzinga * Insider Buys 9 Meters Biopharma's Shares * Insider Buys Salarius Pharmaceuticals Stock * Insider Buys RumbleON's Stock(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.