Helios Technologies (NASDAQ:HLIO) Director Alexander Schuetz Sells 545 Shares

Helios Technologies (NASDAQ:HLIO) Director Alexander Schuetz sold 545 shares of Helios Technologies stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $40.14, for a total transaction of $21,876.30. Following the completion of the transaction, the director now directly owns 6,260 shares in the company, valued at approximately $251,276.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Alexander Schuetz also recently made the following trade(s):

  • On Thursday, September 10th, Alexander Schuetz sold 3,000 shares of Helios Technologies stock. The stock was sold at an average price of $39.61, for a total transaction of $118,830.00.
  • On Friday, August 14th, Alexander Schuetz sold 3,000 shares of Helios Technologies stock. The stock was sold at an average price of $42.51, for a total transaction of $127,530.00.

Shares of HLIO stock traded up $0.16 during trading hours on Wednesday, hitting $39.52. The company’s stock had a trading volume of 2 shares, compared to its average volume of 133,941. The company has a 50 day moving average of $40.80 and a 200 day moving average of $36.79. The stock has a market cap of $1.26 billion, a PE ratio of 57.04 and a beta of 1.21. The company has a current ratio of 2.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.49. Helios Technologies has a 12-month low of $29.03 and a 12-month high of $49.49.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.27 by $0.28. The business had revenue of $119.29 million for the quarter, compared to the consensus estimate of $103.17 million. Helios Technologies had a net margin of 4.35% and a return on equity of 12.85%. The business’s revenue for the quarter was down 17.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS. As a group, analysts anticipate that Helios Technologies will post 1.9 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Helios Technologies from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Wednesday, July 29th. Morgan Stanley boosted their target price on shares of Helios Technologies from $38.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Finally, BidaskClub downgraded shares of Helios Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $39.40.

Several hedge funds have recently added to or reduced their stakes in HLIO. Envestnet Asset Management Inc. raised its position in shares of Helios Technologies by 6.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,925 shares of the company’s stock valued at $263,000 after purchasing an additional 441 shares in the last quarter. SG Americas Securities LLC grew its stake in Helios Technologies by 252.0% during the 1st quarter. SG Americas Securities LLC now owns 11,090 shares of the company’s stock worth $421,000 after buying an additional 7,939 shares during the last quarter. Arizona State Retirement System bought a new position in Helios Technologies during the 1st quarter worth $257,000. First Trust Advisors LP grew its stake in Helios Technologies by 103.9% during the 1st quarter. First Trust Advisors LP now owns 50,559 shares of the company’s stock worth $1,917,000 after buying an additional 25,768 shares during the last quarter. Finally, Truvestments Capital LLC bought a new position in Helios Technologies during the 1st quarter worth $142,000. 86.28% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Company Profile

Helios Technologies, Inc develops, manufactures, and sells solutions for the hydraulics and electronics markets. The company operates through two segments, Hydraulics and Electronics. The Hydraulics segment offers screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the industrial and mobile hydraulics markets; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic, pneumatic, electronic, and instrumentation solutions to a range of industries, including agriculture, industrial, mining, and material handling.

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Insider Buying and Selling by Quarter for Helios Technologies (NASDAQ:HLIO)

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