Quadrature Capital Ltd Takes $214,000 Position in Titan International, Inc. (NYSE:TWI)

Quadrature Capital Ltd bought a new stake in Titan International, Inc. (NYSE:TWI – Get Rating) during the third quarter, HoldingsChannel.com reports. The fund bought 17,651 shares of the industrial products company’s stock, valued at approximately $214,000.

A number of other hedge funds have also made changes to their positions in TWI. BlackRock Inc. increased its stake in Titan International by 0.4% during the 1st quarter. BlackRock Inc. now owns 8,370,377 shares of the industrial products company’s stock worth $123,296,000 after buying an additional 29,288 shares during the period. Renaissance Technologies LLC increased its stake in Titan International by 4.4% during the 2nd quarter. Renaissance Technologies LLC now owns 3,863,140 shares of the industrial products company’s stock worth $58,333,000 after buying an additional 163,700 shares during the period. Vanguard Group Inc. increased its stake in Titan International by 8.1% during the 1st quarter. Vanguard Group Inc. now owns 3,557,173 shares of the industrial products company’s stock worth $52,397,000 after buying an additional 265,300 shares during the period. State Street Corp increased its stake in Titan International by 5.8% during the 2nd quarter. State Street Corp now owns 1,829,790 shares of the industrial products company’s stock worth $27,630,000 after buying an additional 99,792 shares during the period. Finally, Invesco Ltd. increased its stake in Titan International by 6.7% during the 1st quarter. Invesco Ltd. now owns 1,563,622 shares of the industrial products company’s stock worth $23,032,000 after buying an additional 97,589 shares during the period. Hedge funds and other institutional investors own 79.43% of the company’s stock.

Insider Buying and Selling

In other Titan International news, General Counsel Michael G. Troyanovich sold 40,000 shares of the firm’s stock in a transaction on Friday, February 10th. The shares were sold at an average price of $15.10, for a total transaction of $604,000.00. Following the completion of the transaction, the general counsel now directly owns 113,785 shares of the company’s stock, valued at approximately $1,718,153.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Titan International news, Director Maurice M. Taylor, Jr. sold 100,000 shares of the firm’s stock in a transaction on Wednesday, December 21st. The shares were sold at an average price of $15.27, for a total transaction of $1,527,000.00. Following the completion of the transaction, the director now directly owns 792,968 shares of the company’s stock, valued at approximately $12,108,621.36. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Michael G. Troyanovich sold 40,000 shares of the firm’s stock in a transaction on Friday, February 10th. The stock was sold at an average price of $15.10, for a total transaction of $604,000.00. Following the transaction, the general counsel now directly owns 113,785 shares of the company’s stock, valued at $1,718,153.50. The disclosure for this sale can be found here. Insiders have sold 340,000 shares of company stock valued at $5,219,000 in the last quarter. Company insiders own 19.60% of the company’s stock.

Titan International Stock Performance

Titan International stock opened at $11.41 on Tuesday. Titan International, Inc. has a 12-month low of $11.16 and a 12-month high of $19.81. The company has a market capitalization of $717.35 million, a price-to-earnings ratio of 4.12 and a beta of 2.22. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.04 and a quick ratio of 1.15. The firm’s fifty day moving average price is $15.29 and its 200 day moving average price is $14.45.

Titan International Profile

(Get Rating)

Titan International, Inc is a holding company engaged in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.