The VP HR of Twin Disc (NASDAQ: TWIN) is Selling Shares

By Carrie Williams

Today, the VP HR of Twin Disc (NASDAQ: TWIN), Denise Wilcox, sold shares of TWIN for $136.3K.

In addition to Denise Wilcox, 3 other TWIN executives reported Sell trades in the last month. Following Denise Wilcox’s last TWIN Sell transaction on November 21, 2013, the stock climbed by 1.4%.

Based on Twin Disc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $45.06 million and quarterly net profit of $3.39 million. In comparison, last year the company earned revenue of $35.84 million and had a GAAP net loss of $2.7 million. The company has a one-year high of $29.35 and a one-year low of $13.99. Currently, Twin Disc has an average volume of 20.62K.

The insider sentiment on Twin Disc has been negative according to 29 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Twin Disc, Inc. engages in manufacturing and sale of marine and heavy duty off-highway power transmission equipment. It operates through the Manufacturing and Distribution segments. 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. The company was founded by P.H. Batten in 1918 and is headquartered in Racine, WI.