A Director at Sifco Industries (SIF) is Buying Shares


Yesterday, a Director at Sifco Industries (SIF), Donald Molten, bought shares of SIF for $19.51K.

Following this transaction Donald Molten’s holding in the company was increased by 14.08% to a total of $147.9K.

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Based on Sifco Industries’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $30.49 million and GAAP net loss of $2.69 million. In comparison, last year the company earned revenue of $28.52 million and had a GAAP net loss of $3.74 million. Currently, Sifco Industries has an average volume of 23.61K.

Donald Molten’s trades have generated a 8.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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SIFCO Industries, Inc. engages in the manufacture of forgings and machined components for the aerospace and energy markets. Its products include OEM and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; critical rotating components for helicopters; and commercial/industrial products. The company was founded in 1916 and is headquartered in Cleveland, OH.

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