Hurco companies executive chairman Doar buys $37,000 in stock

Published 01/07/2025, 17:26

Michael Doar, Executive Chairman of Hurco Companies Inc (NASDAQ:HURC), recently purchased 2,000 shares of the company’s common stock at $18.50, in a transaction valued at $37,000. The transaction occurred on June 27, 2025. The purchase price represents a slight discount to the current trading price of $19.16, with the stock showing remarkable strength with an 18.2% gain over the past week. InvestingPro analysis reveals the company maintains a strong balance sheet with more cash than debt. Following the purchase, Doar directly owns 223,460 shares of Hurco Companies, representing a significant stake in this $125 million market cap company. For more detailed insider trading analysis and 7 additional key insights about HURC, visit InvestingPro.

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