Today, the President & CEO of Colfax Corp (NYSE: CFX), Matthew Trerotola, sold shares of CFX for $682.7K.
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Currently, Colfax Corp has an average volume of 637.5K.
Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $34.60, reflecting a -4.4% downside. Four different firms, including Barclays and Merrill Lynch, currently also have a Sell rating on the stock.
The insider sentiment on Colfax Corp has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Colfax Corp. is an industrial manufacturing and engineering company, which engages in the provision of gas and fluid handling; and fabrication technology products and services to commercial and governmental customers. The firm distributes its services through the Howden, ESAB, and Colfax Fluid Handling brand names.
