The SVP of Hillenbrand (NYSE: HI) is Buying Shares

By Carrie Williams

Yesterday, the SVP of Hillenbrand (HIResearch Report), Christopher Trainor, bought shares of HI for $110.1K.

Following this transaction Christopher Trainor’s holding in the company was increased by 13.89% to a total of $895.4K.

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Based on Hillenbrand’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $486 million and quarterly net profit of $24.7 million. In comparison, last year the company earned revenue of $475 million and had a net profit of $44.5 million. The company has a one-year high of $46.00 and a one-year low of $26.01. Currently, Hillenbrand has an average volume of 462.65K.

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Hillenbrand, Inc. is a diversified industrial company, which engages in the development, manufacture, and sale of engineered industrial equipment. It operates through the following segments: Process Equipment Group and Batesville.