Hurco Companies, Inc. Price & Performance (HURC)

Hurco Companies' stock closed Friday at $15.24, marking a 1.74% gain amid high daily swings. Recent analysis upgraded the stock from Hold to Buy, citing positive short-term signals. However, the overall trend remains downward, and analysts forecast a possible drop to between $7.55 and $9.84 over the next three months.12

Polar Asset Management recently sold $46,530 in Hurco shares at $15.51, near the 52-week low. Despite a 25% drop over six months, Hurco retains robust institutional backing, with over 61% of shares held by large investors. The company maintains a strong balance sheet and consistent dividend history.32

Hurco Companies experienced a 33% drop in short interest as of March 31, with only 0.3% of shares now sold short. Insider activity remains notable, with significant recent sales, but insiders still hold nearly 9% of the company. Recent earnings showed a net loss and negative margin.45