Columbus McKinnon Corp. (NASDAQ:CMCO), saw an insider improve his position with the company. Vice President of Global Services and Vertical Markets Gene P. Buer sold 2,500 shares of stock at an average of $23.75 per share. Following the completion of this transaction, Buer now has a total of 38,152.0536 shares directly invested in the company.
A $484.89 million market cap company, Columbus McKinnon Corp. (NASDAQ:CMCO) is a global designer, manufacturer and marketer of hoists, rigging tools, cranes, actuators, and other material handling products serving a range of commercial and industrial end user markets.
In addition, multiple hedge funds are involved with the corporation. Pzena Investment Management, the hedge fund run by Richard S. Pzena rose its activity by 47% last quarter, and now holds 1,029,573 shares worth about $27.6 million; while Chuck Royce‘s Royce & Associates reported a 14% increase in its holdings last quarter, and now holds 698,730 shares directly worth approximately $18.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.