Key Points
- Aipct Holdings LLC sold 3,041,288 shares of Titan on March 4 at an average of $8.95 (≈$27.22M), cutting its stake by 25.51% to 8,880,478 shares, according to an SEC filing.
- Titan reported Q4 EPS of ($0.27) (missed by $0.01) with revenue of $410.44M (a beat); the stock trades near $8.68 with a 12‑month range of $5.93–$11.70 and a market cap of about $555.7M, while profitability metrics remain negative.
- Analyst sentiment is mixed but tilted positive—three Buy ratings and one Sell—giving Titan a consensus rating of "Moderate Buy" and a consensus price target of $11.67.
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Titan International, Inc. (NYSE:TWI - Get Free Report) major shareholder Aipct Holdings Llc sold 3,041,288 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $8.95, for a total value of $27,219,527.60. Following the transaction, the insider directly owned 8,880,478 shares in the company, valued at $79,480,278.10. This trade represents a 25.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Titan International Stock Down 2.4%
TWI opened at $8.68 on Friday. Titan International, Inc. has a 12 month low of $5.93 and a 12 month high of $11.70. The company has a current ratio of 2.30, a quick ratio of 1.20 and a debt-to-equity ratio of 1.08. The business's 50-day moving average price is $9.51 and its 200-day moving average price is $8.56. The company has a market cap of $555.69 million, a P/E ratio of -8.68 and a beta of 1.47.
Titan International (NYSE:TWI - Get Free Report) last issued its earnings results on Thursday, February 26th. The industrial products company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.01). Titan International had a negative net margin of 3.47% and a negative return on equity of 2.82%. The company had revenue of $410.44 million for the quarter, compared to analysts' expectations of $396.86 million. On average, equities analysts expect that Titan International, Inc. will post 0.03 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Weiss Ratings reissued a "sell (e+)" rating on shares of Titan International in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a report on Saturday, November 8th. Finally, DA Davidson set a $13.00 price target on shares of Titan International in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Titan International has an average rating of "Moderate Buy" and a consensus price target of $11.67.
View Our Latest Stock Analysis on Titan International
Institutional Investors Weigh In On Titan International
A number of hedge funds and other institutional investors have recently bought and sold shares of TWI. Quarry LP purchased a new stake in Titan International in the third quarter worth about $27,000. Federated Hermes Inc. purchased a new position in shares of Titan International during the third quarter valued at approximately $31,000. Byrne Asset Management LLC bought a new stake in shares of Titan International in the 3rd quarter worth approximately $32,000. Russell Investments Group Ltd. boosted its position in shares of Titan International by 22,000.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,199 shares of the industrial products company's stock worth $32,000 after purchasing an additional 4,180 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of Titan International in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 80.39% of the company's stock.
Titan International Company Profile
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Get Free Report)
Titan International, Inc is a leading global manufacturer of wheels, tires and undercarriage systems designed for off-highway vehicles. The company serves a diverse range of markets including agricultural, construction, earthmoving and consumer segments. Titan's product portfolio encompasses a variety of tire sizes and tread designs, steel and cast centers, wheels, tracks and complete wheel‐and‐tire assemblies tailored to meet the needs of tractors, combines, skid steers, loaders, haul trucks and other specialized equipment.
In addition to original equipment manufacturing, Titan provides extensive aftermarket support through its network of distributors and sales offices.
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