Hillenbrand Stock (NYSE:HI), Trade Ideas

Hillenbrand

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

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Although U.S. stocks closed lower on Monday, there were a few notable insider trades.

Insiders Buying Hillenbrand And 2 Other Stocks

Earnings

Pre-Market Outlook

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Hillenbrand, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) has announced the commencement and pricing of its public offering of&nbsp;$500,000,000&nbsp;aggregate principal amount of&nbsp;6.2500%&nbsp;senior unsecured notes due 2029 (the &quot;Notes&quot;). The offering is expected to close on or about&nbsp;February 14, 2024, subject to customary closing conditions.
Hillenbrand intends to use the net proceeds from this offering to repay borrowings under its multi-currency revolving credit facility, without a reduction in commitment, and may use any remaining proceeds for general corporate purposes, including repayment of other indebtedness.

Hillenbrand Prices Offering Of $500M 6.2500% Senior Unsecured Notes Due 2029

Guidance

Hillenbrand Announces Restructuring Program; Expects To Generate Annual Run-Rate Savings Of $15M With ~50% Realized Within FY24; Expects To Incur Charge Related To Program ~$20M In FY24

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) reported its Q1 earnings results on Monday, February 5, 2024 at 04:22 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Hillenbrand beat estimated earnings by 1.47%, reporting an EPS of $0.69 versus an estimate of $0.68.
Revenue was up $117.60 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.09 which was followed by a 3.68% drop in the share price the next day.
Here's a look at Hillenbrand's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.04</td>
<td>0.92</td>
<td>0.71</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.13</td>
<td>0.95</td>
<td>0.74</td>
<td>0.70</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>747.46M</td>
<td>731.29M</td>
<td>724.39M</td>
<td>726.33M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>762.80M</td>
<td>717.00M</td>
<td>691.00M</td>
<td>655.70M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Hillenbrand <a href="https://www.benzinga.com/quote/HI/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Hillenbrand Q1 Earnings

Hillenbrand Sees Q2 Adj. EPS $0.71-$0.76 Vs $0.84 Est.

Hillenbrand Sees FY24 Adj. EPS $3.60-$3.95 Vs $3.760 Est.

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.68 by 1.47 percent. The company reported quarterly sales of $773.00 million which missed the analyst consensus estimate of $777.81 million by 0.62 percent. This is a 17.89 percent increase over sales of $655.70 million the same period last year.

Earnings Beats

Earnings Misses

Hillenbrand Q1 2024 Adj EPS $0.69 Beats $0.68 Estimate, Sales $773.00M Miss $777.81M Estimate

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) is set to give its latest quarterly earnings report on Monday, 2024-02-05. Here's what investors need to know before the announcement.
Analysts estimate that Hillenbrand will report an earnings per share (EPS) of $0.68. 
Hillenbrand bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.09, which was followed by a 3.68% drop in the share price the next day.
Here's a look at Hillenbrand's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.04</td>
<td>0.92</td>
<td>0.71</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.13</td>
<td>0.95</td>
<td>0.74</td>
<td>0.70</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.68%</td>
<td>-5.34%</td>
<td>-4.2%</td>
<td>-3.56%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706893233_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Hillenbrand were trading at $47.41 as of February 01. Over the last 52-week period, shares are down 3.33%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/HI/earnings">To track all earnings releases for Hillenbrand visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Hillenbrand's Earnings

CL King analyst Tom Hayes initiates coverage on Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) with a Strong Buy rating and announces Price Target of $61.

Price Target

Initiation

Analyst Ratings

CL King Initiates Coverage On Hillenbrand with Strong Buy Rating, Announces Price Target of $61

Wednesday marks the last chance for investors to receive the next dividend payout from Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 22.25 cents per share. On Thursday, Hillenbrand will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 22.25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own HI as of the end of Wednesday's session are eligible to receive the 22.25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 29, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

Hillenbrand: Dividend Insights

Hillenbrand Expects Q1 Adj. EPS Of $0.66-$0.71 (Est. $0.81)

Hillenbrand Expects FY24 Adj. EPS Of $3.60-$3.95 (Est. $3.87), Revenue Of $3.28B-$3.44B (Est. $3.18B)

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) reported quarterly Adj earnings of $1.13 per share which beat the analyst consensus estimate of $1.04 by 8.65 percent. The company reported quarterly sales of $762.80 million which beat the analyst consensus estimate of $747.46 million by 2.05 percent.&nbsp;

Hillenbrand Q4 Adj EPS $1.13 Beats $1.04 Estimate, Sales $762.80M Beat $747.46M Estimate

<h3>Gainers</h3>
<ul>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock rose 7.1% to $6.8 during Wednesday's after-market session. The company's market cap stands at $3.8 million. </li>
<li>iSun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) stock moved upwards by 6.11% to $0.16. This security traded at a volume of 89.2K shares come close, making up 14.1% of its average volume over the last 100 days. The company's market cap stands at $5.4 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Laser Photonics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASE#NASDAQ">LASE</a>) stock increased by 5.27% to $0.78. The company's market cap stands at $6.4 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>FiscalNote Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) shares moved upwards by 4.5% to $0.86. This security traded at a volume of 110.3K shares come close, making up 12.4% of its average volume over the last 100 days. The market value of their outstanding shares is at $110.4 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) stock increased by 4.27% to $165.0. The market value of their outstanding shares is at $8.7 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) stock increased by 3.27% to $43.19. The market value of their outstanding shares is at $3.0 billion. The company's, Q4 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hydrofarm Holdings Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYFM#NASDAQ">HYFM</a>) stock declined by 5.5% to $0.85 during Wednesday's after-market session. The company's market cap stands at $38.8 million. As per the news, the Q3 earnings report came out 4 days ago. </li>
<li>Broadwind (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWEN#NASDAQ">BWEN</a>) shares decreased by 3.32% to $2.33. The company's market cap stands at $49.8 million. As per the news, the Q3 earnings report came out 2 days ago. </li>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares declined by 2.95% to $1.32. The company's market cap stands at $11.9 million. </li>
<li>Leonardo DRS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRS#NASDAQ">DRS</a>) stock fell 2.89% to $20.19. Today's trading volume for this security ended up closing at 93.3K shares, which is 13.4 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $5.2 billion. </li>
<li>Primech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>) shares declined by 2.85% to $3.76. The market value of their outstanding shares is at $133.6 million. </li>
<li>Knightscope (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) shares declined by 2.83% to $0.63. Today's trading volume for this security ended up closing at 147.6K shares, which is 11.2 percent of its average volume over the last 100 days. The company's market cap stands at $48.9 million. As per the press release, Q3 earnings came out 2 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

BWEN

HYFM

ISUN

JTAI

KSCP

LASE

NOTE

PIXY

PMEC

TTEK

12 Industrials Stocks Moving In Wednesday's After-Market Session

WIIM

CRGO

EVEX

EXPD

EXPO

FBIN

FCEL

FLNC

FTCI

GNRC

HAYW

HUBG

JBLU

JELD

JOBY

LECO

MESA

NDSN

NRGV

PAYC

PCAR

PLUG

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ROCK

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SAVE

SFWL

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SPCE

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STEM

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TFII

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ULCC

VIEW

VTSI

WIRE

XMTR

Shares of several companies in the broader industrial space are trading higher amid overall market strength following softer-than-expected October inflation data, which could put less pressure on the Fed to raise rates further.

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-11-15. Here's what investors need to know before the announcement.
Analysts estimate that Hillenbrand will report an earnings per share (EPS) of $1.07. 
Hillenbrand bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.03, which was followed by a 5.34% drop in the share price the next day.
Here's a look at Hillenbrand's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.92</td>
<td>0.71</td>
<td>0.82</td>
<td>1.02</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.95</td>
<td>0.74</td>
<td>0.70</td>
<td>1.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-5.34%</td>
<td>-4.2%</td>
<td>-3.56%</td>
<td>8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1699977641_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Hillenbrand were trading at $39.04 as of November 13. Over the last 52-week period, shares are down 7.28%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/HI/earnings">To track all earnings releases for Hillenbrand visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Hillenbrand's Earnings

Updated Fiscal 2023&nbsp;Outlook&nbsp;- Continuing Operations
Hillenbrand is narrowing its annual&nbsp;guidance&nbsp;for fiscal year 2023 based on year-to-date performance and its&nbsp;outlook&nbsp;for the fiscal&nbsp;fourth quarter. Revenue estimates have been lowered modestly due to ongoing customer order delays within the MTS segment, particularly in&nbsp;China, and an increase in customer delays for large plastics projects within the APS segment. The Company is raising the midpoint of its full year adjusted EPS range primarily due to lower interest expense and a more favorable expected tax rate of&nbsp;29%&nbsp;compared to the previous estimate of&nbsp;31%, primarily due to the benefit of a strategic tax initiative that will take effect in the fiscal&nbsp;fourth quarter.
<table border="1" cellpadding="1" cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
Revenue&nbsp;Outlook&nbsp;($M)
</td>
<td colspan="1" rowspan="1">
Updated Range
</td>
<td colspan="1" rowspan="1">
YOY %
</td>
<td colspan="1" rowspan="1">
Previous Range
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Advanced Process Solutions
</td>
<td colspan="1" rowspan="1">
$1,775&nbsp;-&nbsp;$1,800
</td>
<td colspan="1" rowspan="1">
40%&nbsp;-&nbsp;42%
</td>
<td colspan="1" rowspan="1">
$1,800&nbsp;-&nbsp;$1,830
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Molding Technology Solutions
</td>
<td colspan="1" rowspan="1">
$1,000&nbsp;-&nbsp;$1,010
</td>
<td colspan="1" rowspan="1">
(4%) - (3%)
</td>
<td colspan="1" rowspan="1">
$1,010&nbsp;-&nbsp;$1,030
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Hillenbrand
</td>
<td colspan="1" rowspan="1">
$2,775&nbsp;-&nbsp;$2,810
</td>
<td colspan="1" rowspan="1">
20%&nbsp;-&nbsp;21%
</td>
<td colspan="1" rowspan="1">
$2,810&nbsp;-&nbsp;$2,860
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adj. EBITDA&nbsp;Outlook
</td>
<td colspan="1" rowspan="1">
Updated Range
</td>
<td colspan="1" rowspan="1">
YOY bps / %
</td>
<td colspan="1" rowspan="1">
Previous Range
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Advanced Process Solutions
</td>
<td colspan="1" rowspan="1">
19.2%&nbsp;-&nbsp;19.3%
</td>
<td colspan="1" rowspan="1">
(50) bps - (40) bps
</td>
<td colspan="1" rowspan="1">
18.5%&nbsp;-&nbsp;19.0%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Molding Technology Solutions
</td>
<td colspan="1" rowspan="1">
18.7%&nbsp;-&nbsp;19.0%
</td>
<td colspan="1" rowspan="1">
(200) bps - (170) bps
</td>
<td colspan="1" rowspan="1">
19.0%&nbsp;-&nbsp;20.0%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Hillenbrand
</td>
<td colspan="1" rowspan="1">
$468&nbsp;-&nbsp;$480
</td>
<td colspan="1" rowspan="1">
17%&nbsp;-&nbsp;19%
</td>
<td colspan="1" rowspan="1">
$468&nbsp;-&nbsp;$499
</td>
</tr>
<tr>
<td colspan="4" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adj. EPS&nbsp;Outlook
</td>
<td colspan="1" rowspan="1">
Updated Range
</td>
<td colspan="1" rowspan="1">
YOY %
</td>
<td colspan="1" rowspan="1">
Previous Range
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Full Year
</td>
<td colspan="1" rowspan="1">
$3.40&nbsp;-&nbsp;$3.50
</td>
<td colspan="1" rowspan="1">
26%&nbsp;-&nbsp;29%
</td>
<td colspan="1" rowspan="1">
$3.30&nbsp;-&nbsp;$3.50
</td>
</tr>
</tbody>
</table>
&nbsp;Note: Year-over-Year (&quot;YOY&quot;) growth figures presented in the&nbsp;guidance&nbsp;table above are on a continuing operations basis, which exclude the discontinued operations of&nbsp;Batesville.
1Batesville&nbsp;financial results are reported as discontinued operations for all periods presented

Hillenbrand Updates EPS To $3.40-$3.50 From $3.30-$3.50 Vs $3.42 Est.

Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.92 by 3.26 percent. This is a 3.26 percent increase over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $717.00 million which missed the analyst consensus estimate of $731.29 million by 1.95 percent. This is a 0.50 percent decrease over sales of $720.60 million the same period last year.

Hillenbrand Q3 Adj $0.95 Beats $0.92 Estimate, Sales $717.00M Miss $731.29M Estimate

Helen W Cornell, Board Member at Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>), reported a large insider buy on May 30, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001417398/000112760223017060//Archives/edgar/data/1417398/000112760223017060/0001127602-23-017060-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Cornell purchased 5,200 shares of Hillenbrand. The total transaction amounted to $252,974. 
Hillenbrand shares are trading down 0.0% at $48.28 at the time of this writing on Wednesday morning.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001417398">Check Out The Full List Of Hillenbrand's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Hillenbrand Recent Insider Activity

Ulrich Bartel, Senior Vice President at Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>), reported a large exercise of company stock options on May 30, according to a new SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001417398/000112760223017061//Archives/edgar/data/1417398/000112760223017061/0001127602-23-017061-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Bartel, Senior Vice President at Hillenbrand, a company in the Industrials sector, just exercised stock options worth 8,079 shares of HI stock with an exercise price of $30.71.
Hillenbrand shares are trading down 0.0% at $48.28 at the time of this writing on Wednesday morning. Since the current price is $48.28, this makes Bartel's 8,079 shares worth $390,054.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001417398">Check Out The Full List Of Hillenbrand's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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