The President of Park-Ohio Holdings (NASDAQ: PKOH) is Buying Shares

By Carrie Williams

Today, the President of Park-Ohio Holdings (PKOHResearch Report), Edward Crawford, bought shares of PKOH for $375.4K.

This is Crawford’s first Buy trade following 12 Sell transactions.

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Based on Park-Ohio Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $420 million and quarterly net profit of $11.2 million. In comparison, last year the company earned revenue of $406 million and had a net profit of $9.8 million. PKOH’s market cap is $388.9M and the company has a P/E ratio of 6.99. Currently, Park-Ohio Holdings has an average volume of 31.89K.

The insider sentiment on Park-Ohio Holdings has been negative according to 27 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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Park-Ohio Industries, Inc. provides industrial supply chain logistics and manufactures aluminum forgings. It operates business through the following segments: Supply Technologies, Assembly Components and Engineered Products. The Supply Technologies segment provides customers with total supply management services and specialty production components.