The President & CEO of Graham (NYSE: GHM) is Buying Shares

By Carrie Williams

Yesterday, the President & CEO of Graham (GHMResearch Report), James Lines, bought shares of GHM for $223.3K.

Following this transaction James Lines’ holding in the company was increased by 11.43% to a total of $2.3 million. In addition to James Lines, one other GHM executive reported Buy trades in the last month.

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Based on Graham’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $25.29 million and quarterly net profit of $9,000. In comparison, last year the company earned revenue of $17.2 million and had a net profit of $95K. The company has a one-year high of $23.77 and a one-year low of $17.40. Currently, Graham has an average volume of 31.48K.

Starting in April 2019, GHM received 8 Buy ratings in a row.

The insider sentiment on Graham has been neutral according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

James Lines’ trades have generated a 42.4% 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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Graham Corp. engages in the design, manufacture, and sale of equipment for the energy, defense, chemical, and petrochemical industries. Its products include surface condensers, ejector, heliflow spiral tube heat exchangers, desuperheaters and mircromix water heaters. The company was founded on March 7, 1983 and is headquartered in Batavia, NY.