A Director at Titan International (TWI) is Buying Shares


Today, a Director at Titan International (NYSE: TWI), Maurice Taylor, bought shares of TWI for $720K.

This recent transaction increases Maurice Taylor’s holding in the company by 22.23% to a total of $4 million. Following Maurice Taylor’s last TWI Buy transaction on November 09, 2015, the stock climbed by 2.6%.

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Based on Titan International’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $429 million and quarterly net profit of $1.02 million. In comparison, last year the company earned revenue of $364 million and had a GAAP net loss of $10.33 million. Currently, Titan International has an average volume of 488K.

Six different firms, including Feltl and Jefferies, currently also have a Buy rating on the stock.

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Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer.

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