CEO of Schmitt Industries Inc (30-Year Financial, Insider Trades) Michael R. Zapata (insider trades) bought 123,456 shares of SMIT on 12/17/2019 at an average price of $3.25 a share. The total cost of this purchase was $401,232.
Schmitt Industries Inc designs, manufactures and sells computer-controlled vibration detection, balancing and process control systems for the machine tool industry, particularly for grinding machines. Schmitt Industries Inc has a market cap of $15.020 million; its shares were traded at around $3.66 with and P/S ratio of 1.08. GuruFocus has detected 3 severe warning signs with Schmitt Industries Inc. .
CEO Recent Trades:
- CEO Michael R. Zapata bought 123,456 shares of SMIT stock on 12/17/2019 at the average price of $3.25. The price of the stock has increased by 12.62% since.
Directors and Officers Recent Trades:
- Director Steven Strom bought 5,000 shares of SMIT stock on 12/17/2019 at the average price of $3.25. The price of the stock has increased by 12.62% since.
- Director Andrews P Hines bought 15,348 shares of SMIT stock on 12/17/2019 at the average price of $3.25. The price of the stock has increased by 12.62% since.
For the complete insider trading history of SMIT, click here
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