Tennant (NYSE:TNC) insider Chris Killingstad sold 4,427 shares of the stock in a transaction on Monday, April 16th. The shares were sold at an average price of $68.58, for a total transaction of $303,603.66. Following the completion of the sale, the insider now directly owns 154,273 shares of the company’s stock, valued at $10,580,042.34. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Chris Killingstad also recently made the following trade(s):
- On Tuesday, April 10th, Chris Killingstad sold 44,272 shares of Tennant stock. The shares were sold at an average price of $68.55, for a total transaction of $3,034,845.60.
Shares of TNC stock opened at $70.80 on Thursday. Tennant has a 52-week low of $59.00 and a 52-week high of $76.80. The firm has a market capitalization of $1,238.28, a PE ratio of 45.97, a price-to-earnings-growth ratio of 3.65 and a beta of 0.86. The company has a quick ratio of 1.25, a current ratio of 1.79 and a debt-to-equity ratio of 1.16.
Hedge funds have recently made changes to their positions in the company. Elkfork Partners LLC acquired a new position in shares of Tennant in the 4th quarter valued at $155,000. Magnetar Financial LLC acquired a new position in shares of Tennant in the 3rd quarter valued at $204,000. Cubist Systematic Strategies LLC acquired a new position in shares of Tennant in the 3rd quarter valued at $221,000. SNS Financial Group LLC acquired a new position in shares of Tennant in the 4th quarter valued at $231,000. Finally, Brown Advisory Inc. acquired a new position in shares of Tennant in the 4th quarter valued at $291,000. Institutional investors own 91.05% of the company’s stock.
TNC has been the subject of a number of research reports. Zacks Investment Research raised shares of Tennant from a “strong sell” rating to a “hold” rating in a report on Saturday, January 13th. Dougherty & Co raised shares of Tennant from a “neutral” rating to a “buy” rating in a report on Monday, February 26th.
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Tennant Company designs, manufactures, and markets floor cleaning equipment. It offers a suite of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions.
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