CNH Industrial N.V. (NYSE:CNH - Get Free Report) insider Francesco Vincenzo Mari Tutino sold 12,271 shares of CNH Industrial stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $12.53, for a total value of $153,755.63. Following the sale, the insider directly owned 14,940 shares of the company's stock, valued at approximately $187,198.20. This trade represents a 45.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
CNH Industrial Price Performance
CNH stock traded down $0.12 during mid-day trading on Friday, hitting $10.97. 27,287,507 shares of the stock were exchanged, compared to its average volume of 17,309,504. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. The business has a fifty day moving average price of $12.20 and a 200 day moving average price of $12.40. CNH Industrial N.V. has a 12 month low of $10.00 and a 12 month high of $14.27. The stock has a market capitalization of $13.72 billion, a price-to-earnings ratio of 16.88 and a beta of 1.51.
CNH Industrial (NYSE:CNH - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.47 billion. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company's revenue was down 14.2% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. On average, sell-side analysts anticipate that CNH Industrial N.V. will post 0.7 EPS for the current year.
Institutional Trading of CNH Industrial
A number of hedge funds have recently made changes to their positions in CNH. Global X Japan Co. Ltd. bought a new stake in shares of CNH Industrial in the 1st quarter worth approximately $29,000. Twin Tree Management LP increased its holdings in shares of CNH Industrial by 1,068.0% in the 1st quarter. Twin Tree Management LP now owns 2,362 shares of the company's stock worth $29,000 after purchasing an additional 2,606 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of CNH Industrial by 218.3% during the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company's stock valued at $42,000 after buying an additional 2,325 shares during the last quarter. Transamerica Financial Advisors LLC boosted its position in shares of CNH Industrial by 923.2% during the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company's stock valued at $47,000 after buying an additional 3,296 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in CNH Industrial by 697.1% in the 1st quarter. Harbour Investments Inc. now owns 4,376 shares of the company's stock worth $54,000 after buying an additional 3,827 shares during the last quarter. 59.88% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. JPMorgan Chase & Co. decreased their price objective on CNH Industrial from $13.00 to $12.00 and set a "neutral" rating on the stock in a report on Tuesday, September 2nd. Citigroup lifted their price objective on CNH Industrial from $14.00 to $16.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Oppenheimer decreased their price objective on CNH Industrial from $16.00 to $13.00 and set an "outperform" rating on the stock in a report on Thursday. Finally, The Goldman Sachs Group downgraded CNH Industrial from a "buy" rating to a "neutral" rating and reduced their price target for the company from $12.50 to $11.50 in a report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.88.
Read Our Latest Stock Analysis on CNH
About CNH Industrial
(
Get Free Report)
CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.
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