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In a recent transaction, Richard R. Porter, a director at Hurco Companies Inc. (NASDAQ:HURC), purchased 500 shares of the company’s common stock. The acquisition took place on June 12, 2025, at a price of $14.71 per share, amounting to a total value of $7,355. Following this transaction, Porter now holds 19,864 shares directly. The purchase comes as the stock shows a strong 11.67% gain over the past week, with InvestingPro analysis suggesting the shares are currently undervalued. This move reflects Porter’s continued investment in the Indianapolis-based company, known for its industrial technology solutions. The company maintains robust liquidity with a current ratio of 4.74 and trades at an attractive 0.48 times book value. InvestingPro subscribers can access additional metrics and six exclusive ProTips for deeper analysis of HURC’s investment potential.
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