Hurco Companies, Inc. (NASDAQ:HURC) Shares Sold by Perritt Capital Management Inc.

Perritt Capital Management Inc. lessened its holdings in Hurco Companies, Inc. (NASDAQ:HURC) by 10.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,000 shares of the scientific and technical instruments company’s stock after selling 1,000 shares during the quarter. Perritt Capital Management Inc.’s holdings in Hurco Companies were worth $320,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in Hurco Companies by 62.7% in the first quarter. JPMorgan Chase & Co. now owns 172,969 shares of the scientific and technical instruments company’s stock worth $6,976,000 after purchasing an additional 66,679 shares during the period. Pacific Ridge Capital Partners LLC boosted its holdings in shares of Hurco Companies by 0.4% during the second quarter. Pacific Ridge Capital Partners LLC now owns 126,704 shares of the scientific and technical instruments company’s stock valued at $4,506,000 after acquiring an additional 460 shares during the period. LSV Asset Management boosted its holdings in shares of Hurco Companies by 43.5% during the first quarter. LSV Asset Management now owns 108,714 shares of the scientific and technical instruments company’s stock valued at $4,384,000 after acquiring an additional 32,943 shares during the period. Northern Trust Corp boosted its holdings in shares of Hurco Companies by 5.0% during the second quarter. Northern Trust Corp now owns 83,584 shares of the scientific and technical instruments company’s stock valued at $2,972,000 after acquiring an additional 4,000 shares during the period. Finally, Value Holdings Management CO. LLC lifted its holdings in Hurco Companies by 5.0% in the first quarter. Value Holdings Management CO. LLC now owns 83,313 shares of the scientific and technical instruments company’s stock worth $3,360,000 after purchasing an additional 4,000 shares during the period. 80.65% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:HURC traded down $0.41 on Thursday, hitting $32.59. 43,462 shares of the company’s stock traded hands, compared to its average volume of 22,214. Hurco Companies, Inc. has a 1 year low of $31.07 and a 1 year high of $45.95. The firm has a 50-day moving average price of $32.81 and a 200-day moving average price of $36.95. The company has a market cap of $219.82 million, a PE ratio of 9.33 and a beta of 0.77.



Separately, ValuEngine upgraded Hurco Companies from a “sell” rating to a “hold” rating in a report on Thursday, August 8th.

Hurco Companies Company Profile

Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools; machine tools with computer control systems; and industry standard CNC controls, including Fanuc, Siemens, Mitsubishi, or Heidenhain.

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Institutional Ownership by Quarter for Hurco Companies (NASDAQ:HURC)

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