The Controller of Worthington Industries (WOR) is Buying Shares


Today, the Controller of Worthington Industries (WOR), Richard Welch, bought shares of WOR for $132.5K.

Following this transaction Richard Welch’s holding in the company was increased by 34.2% to a total of $1.3 million. In addition to Richard Welch, 2 other WOR executives reported Buy trades in the last month.

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WOR’s market cap is $2.23B and the company has a P/E ratio of 15.47. Currently, Worthington Industries has an average volume of 248K.

In the last 30 days, insiders have sold $313.1K worth of WOR shares and purchased $1.13M worth of WOR shares. The insider sentiment on Worthington Industries has been negative according to 60 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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Worthington Industries, Inc. engages in steel processing and manufacturing metal products. It offers pressure cylinder products such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, scuba tanks, compressed natural gas cylinders and helium balloon kits; engineered cabs and operator stations and cab components; framing systems for mid-rise buildings; steel pallets and racks; and, through joint ventures, suspension grid systems for concealed and lay-in panel ceilings; laser welded blanks; light gauge steel framing for commercial and residential construction; and current and past model automotive service stampings. It operates through the following segments: Steel Processing, Pressure Cylinders, Engineered Cabs, and Others. The Steel Processing segment include slitting, blanking, cutting-tolength, laser blanking, laser welding, tension leveling and warehousing. The Pressure Cylinders segment consists of the Worthington Cylinders business unit and Worthington Aritas. The Engineered Cabs segment refers to the Worthington Industries Engineered Cabs business unit, a noncaptive designer and manufacturer of high-quality, custom-engineered open and enclosed cabs and operator stations and custom fabrications for heavy mobile equipment used primarily in the agricultural, construction, forestry, military and mining industries. The Other segment involves Worthington Energy Innovations. The company was founded by John H. McConnell in 1955 and is headquartered in Columbus, OH.

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