Insider Trading Activity Unveiled as Group VP of Toro Company Unloads $0.22 Million Worth of Shares

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The Toro Company ($NYSE:TTC), a leading provider of outdoor power equipment and related services, recently revealed insider trading activity that warrants keeping an eye on. On Mar 31, it was revealed that Group Vice President, Underground & Special Construction MOELLER PETER D had sold the Company’s shares for a reported amount of $0.22 million. The Toro Company is a leading worldwide provider of turf and landscape maintenance solutions, including golf and sports field equipment, residential lawn and garden products, irrigation systems and solutions, and related services. The latest trading activity from Toro Company’s Group VP undoubtedly warrants attention, as it may indicate a shift in sentiment for the Company or the stock itself.

Insiders are usually in the know of a company’s financial health, so any changes to their activities regarding the stock should be monitored closely. Investors should consider monitoring the stock to see if any changes in trading occur following this news.

Price History

On Wednesday, Toro Company experienced a setback with its stock opening at $97.8 and closing at $96.7, a decrease of 1.3% from its previous closing price of 98.0. This decline was made apparent through a recent insider trading activity of the Group Vice President of Toro Company, who unloaded $0.22 million worth of shares. The stock’s downward trend may be attributed to this major sale of shares.

However, it is important to note that insider trading activity does not always suggest a negative outlook for the company’s future. It is possible that other factors have caused the decrease in stock price, and that the insider trading activity was a reflection of this. Therefore, investors should consider all aspects before drawing any conclusions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Toro Company. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Toro Company. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Toro Company. More…

Key Ratios Snapshot

Some of the financial key ratios for Toro Company are shown below. More…

Analysis

At GoodWhale, we have taken the time to analyze the financials of TORO COMPANY. We have rated TORO COMPANY as a medium risk investment, taking into account both financial and business aspects. We have detected one risk warning in non-financial areas which can be accessed by becoming a registered user. This warning should be taken into consideration when assessing the potential of TORO COMPANY as an investment. In addition, our financial analysis provides a more detailed view of TORO COMPANY’s performance and opportunities. By becoming a GoodWhale user, you will have access to the full set of reports and insights we have compiled on TORO COMPANY, allowing you to make an informed decision on whether it is the right investment for you. More…

Peers

Toro Co is a leading manufacturer of hydraulic elements and systems. Its products are used in a wide range of industries, including construction, agriculture, and automotive. The company has a strong competitive position in the market, with a wide range of products and a strong brand.

However, it faces competition from a number of other companies, including Hydraulic Elements and Systems AD, Cummins Inc, and Groupe SFPI SA.

– Hydraulic Elements and Systems AD ($LTS:0NZ4)

Hydraulic Elements and Systems AD is a leading manufacturer of hydraulic components and systems for a variety of industries. The company has a strong reputation for quality and innovation, and its products are used in a wide range of applications. Hydraulic Elements and Systems AD has a market cap of 113.71M as of 2022, a Return on Equity of 13.72%. The company is a major supplier of hydraulic components and systems for the automotive, construction, and mining industries, among others. Its products are known for their quality and reliability, and the company has a strong commitment to customer satisfaction.

– Cummins Inc ($NYSE:CMI)

Cummins Inc is a global power leader that designs, manufactures, sells and services diesel engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, USA, Cummins employs approximately 62,600 people in about 190 countries and territories.

– Groupe SFPI SA ($LTS:0N9P)

Groupe SFPI is a French holding company that specializes in financial and investment services. The company has a market capitalization of 189.59 million as of 2022 and a return on equity of 12.35%. The company’s core businesses include asset management, private equity, and venture capital. Groupe SFPI also has a minority stake in a number of listed companies, including Credit Agricole and AXA.

Summary

The Toro Company recently experienced insider trading activity when Group VP, Undg & Spec Construc MOELLER PETER D unloaded the company’s shares for $0.22 million. For investors, this activity is a signal to analyze potential investment opportunities in the company. Analysts should consider the company’s financial results, competitive position, and overall industry trends.

Investors should also pay attention to the company’s management and board of directors for signals that could affect the stock price. As with any potential investment, investors should conduct their own due diligence before making any decisions.