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Polar asset management sells $94,020 in Hurco Companies stock

Published 26/03/2025, 21:02
Polar asset management sells $94,020 in Hurco Companies stock
HURC
-3.70%

In recent transactions reported by Polar Asset Management Partners Inc., the investment firm sold a total of 6,000 shares of Hurco Companies Inc. (NASDAQ:HURC) common stock over two days. The sales, which took place on March 24 and March 25, were executed at prices ranging from $15.56 to $15.78 per share, amounting to a total value of approximately $94,020. The stock, currently trading near its 52-week low of $14.82, offers a 4.13% dividend yield. According to InvestingPro analysis, Hurco appears undervalued at current levels. Following these transactions, Polar Asset Management holds 769,582 shares of Hurco Companies.

According to the filing, Polar Asset Management, based in Toronto, Canada, serves as an investment advisor to various funds and maintains sole voting and investment discretion over the securities. The firm has disclaimed beneficial ownership of these securities beyond its pecuniary interest.

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