The President & CEO of Alamo Group is exercising options

By George MacDonald

Yesterday , the President & CEO of Alamo Group, Ronald A. Robinson exercised options of Alamo Group for $101.7k. Ronald A. Robinson kept the stocks.

This is Robinson’s first Buy trade following 86 Sell transaction. Over the last month, Robinson has reported 6 Buy trades on ALG for a total of 1.26M.

Based on Alamo Group`s latest earnings report from December 31, the company posted quarterly revenue of $228.3M and quarterly net profit of $11.35M. In comparison, last year the company earned revenue of $171.3M and had a net profit of $7.24M. The company has a one year high of $$64.45 and a one year low of $$37.82. ALG’s market cap is $719.6M and the company has a P/E ratio of 18.6%.

ALG got 8 Buy ratings in a row, starting May 2013. 5 different firms, including Feltl and Piper Jaffray, currently also have a Buy rating on the stock.

Looking at blogger coverage of ALG, there is a 100% Bullish tendency on the stock, in relation to a 66% average bullish tendency within the Conglomerates sector.

In the last 30 days, insiders have sold $61.75k worth of ALG shares and purchased $721k worth of ALG shares. Over the last 3 months, the insider sentiment on Alamo Group has been neutral based on 32 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Alamo Group Inc is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, among others.