A Director at Thermon Group Holdings Inc (THR) is Buying Shares


Yesterday, a Director at Thermon Group Holdings Inc (THR), Kevin Mcginty, bought shares of THR for $110.5K.

This recent transaction increases Kevin Mcginty’s holding in the company by 30.14% to a total of $486.6K. This is Mcginty’s first transaction since reporting a Sell transaction on MRLN back in May 2014

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THR’s market cap is $670.7M and the company has a P/E ratio of 56.28. Currently, Thermon Group Holdings Inc has an average volume of 116.5K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $28.50, reflecting a 30.7% upside. Three different firms, including BMO Capital and SunTrust Robinson, currently also have a Buy rating on the stock.

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Thermon Group Holdings, Inc. engages in the development, manufacture, and trade of engineered thermal solutions for process industries. It operates through the following geographical segments: United States, Canada, Europe, and Asia.

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