The Chairman of Hyster-Yale Materials Handling Inc (NYSE: HY) is Buying Shares

By Carrie Williams

Today, the Chairman of Hyster-Yale Materials Handling Inc (HYResearch Report), Rankin Alfred M Et Al, bought shares of HY for $200.1K.

In addition to Rankin Alfred M Et Al, 268 other HY executives reported Buy trades in the last month. Over the last month, Rankin Alfred M Et Al has reported another 8 Buy trades on HY for a total of $800.4K.

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Based on Hyster-Yale Materials Handling Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $838 million and GAAP net loss of $1.2 million. In comparison, last year the company earned revenue of $796 million and had a GAAP net loss of $2.4 million. HY’s market cap is $1.03B and the company has a P/E ratio of 29.74. Currently, Hyster-Yale Materials Handling Inc has an average volume of 43.4K.

The insider sentiment on Hyster-Yale Materials Handling Inc has been positive according to 3375 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Rankin Alfred M Et Al’s trades have generated a 49.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Hyster-Yale Materials Handling, Inc. engages in the manufacture of lift trucks. The firm provides an array of solutions aimed at meeting the specific materials handling needs of its customers including attachments and hydrogen fuel cell power products, telematics, automation and fleet management services, and a variety of other power options for its lift trucks. It designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, and aftermarket parts marketed primarily under the Hyster and Yale brand names. The company was founded in 1999 and is headquartered in Cleveland, OH.