From MarketBeat:



Alamo Group Inc.’s EVP Richard Hodges Raborn sells 606 shares of the company’s stock in a transaction amounting to over $128,000. The stock traded up during mid-day trading to $213.02, and the company continues to perform favorably. The company declared a quarterly dividend and had a positive earnings report, with analysts expecting an EPS of 11.59 for the year. Several hedge funds made changes to their positions in ALG, and institutional investors own over 90% of the company’s stock. Some brokerages have given ALG a “buy” rating, making it an appealing option for investors.

Alamo Group Inc. is a company that designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment. They have a strong presence worldwide and have recently posted positive financial reports. The stock has been given a “buy” rating, making it attractive for potential investors.

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Read more: Alamo Group Inc. (NYSE:ALG) EVP Sells $128,617.44 in Stock