[Form 4] Hurco Cos Inc Insider Trading Activity
Hurco Companies, Inc. (HURC) – Form 4 insider filing
Executive Chairman and Director Michael Doar reported the open-market purchase of 3,000 shares of Hurco common stock on 2 July 2025. The three separate transactions were executed at prices of $20.3813, $20.3148 and $20.4999 per share, for an aggregate cash outlay of roughly $61 K. Following these buys, Doar’s direct beneficial ownership increased from 223,460 to 226,460 shares.
No derivative securities were reported and there were no dispositions. The filing was signed on 7 July 2025.
- Insider role: Doar serves as Executive Chairman and remains a Board Director.
- Transaction type: Code “P” denotes open-market purchases.
- Ownership form: All shares are held directly.
Insider buying, particularly by a senior executive, can be interpreted as a signal of confidence in the company’s prospects. However, the filing provides no additional financial or operational data; investors should view the information in the context of Hurco’s broader fundamentals and upcoming disclosures.
- Executive Chairman insider purchase: Michael Doar acquired 3,000 shares on the open market, signaling management confidence and increasing insider ownership.
- None.
Insights
TL;DR: Executive Chairman bought 3,000 shares, modestly boosting stake; positive sentiment but limited financial impact.
Michael Doar’s purchase lifts his direct holdings to 226,460 shares. Insider buys are generally viewed favorably because they align management’s interests with shareholders and can indicate confidence. The dollar amount (~$61 K) is small relative to typical institutional trades, so it is unlikely to be a market-moving event on its own. Still, recurring purchases from top leadership support a positive governance narrative and can serve as a minor catalyst for sentiment in a thinly traded small-cap like Hurco.