154,551 Shares in Titan International, Inc. $TWI Purchased by Nuveen LLC

Key Points

• Nuveen LLC acquired a new stake in Titan International, purchasing 154,551 shares valued at approximately $1.3 million, increasing their holdings to 0.24% of the company.
• Insider trading has seen significant activity, with CAO Anthony Eheli selling 25,000 shares and Director Richard M. Cashin, Jr. selling 212,398 shares, reducing their ownership significantly.
• The stock is currently priced at $8.82 with a market capitalization of $563.55 million, and analysts have set a consensus target price of $11.33.

Nuveen LLC acquired a new stake in Titan International, Inc. (NYSE:TWI - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 154,551 shares of the industrial products company's stock, valued at approximately $1,297,000. Nuveen LLC owned about 0.24% of Titan International at the end of the most recent quarter.

Several other large investors have also modified their holdings of TWI. BNP Paribas Financial Markets grew its holdings in Titan International by 90.6% in the fourth quarter. BNP Paribas Financial Markets now owns 67,380 shares of the industrial products company's stock valued at $458,000 after purchasing an additional 32,023 shares during the last quarter. Mariner LLC boosted its stake in Titan International by 24.2% in the 4th quarter. Mariner LLC now owns 29,020 shares of the industrial products company's stock worth $197,000 after buying an additional 5,655 shares during the last quarter. MetLife Investment Management LLC boosted its stake in Titan International by 14.1% in the 4th quarter. MetLife Investment Management LLC now owns 26,763 shares of the industrial products company's stock worth $182,000 after buying an additional 3,310 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Titan International by 60.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,636 shares of the industrial products company's stock worth $140,000 after buying an additional 6,297 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Titan International by 7.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 58,598 shares of the industrial products company's stock worth $398,000 after buying an additional 4,124 shares during the last quarter. Hedge funds and other institutional investors own 80.39% of the company's stock.

Insider Buying and Selling

In other news, CAO Anthony Eheli sold 25,000 shares of Titan International stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $9.24, for a total transaction of $231,000.00. Following the completion of the transaction, the chief accounting officer directly owned 45,276 shares in the company, valued at approximately $418,350.24. The trade was a 35.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard M. Cashin, Jr. sold 212,398 shares of Titan International stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $10.34, for a total value of $2,196,195.32. Following the completion of the transaction, the director directly owned 176,461 shares of the company's stock, valued at $1,824,606.74. This represents a 54.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 301,348 shares of company stock valued at $3,086,520. Corporate insiders own 25.00% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on TWI shares. Noble Financial started coverage on Titan International in a research report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 price objective for the company. DA Davidson lifted their target price on Titan International from $10.00 to $12.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen raised Titan International from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $11.33.

Titan International Trading Up 0.5%

TWI traded up $0.04 during trading on Thursday, reaching $8.69. The company had a trading volume of 111,614 shares, compared to its average volume of 648,952. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.27 and a current ratio of 2.35. Titan International, Inc. has a 12-month low of $5.93 and a 12-month high of $10.94. The firm's 50-day simple moving average is $9.30 and its 200 day simple moving average is $8.38. The company has a market cap of $555.18 million, a price-to-earnings ratio of -28.03 and a beta of 1.85.

Titan International (NYSE:TWI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The business had revenue of $460.83 million for the quarter, compared to analyst estimates of $483.84 million. Titan International had a negative return on equity of 1.62% and a negative net margin of 1.24%. Titan International has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Titan International, Inc. will post 0.03 earnings per share for the current year.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.