In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hill International Inc. (NYSE:HIL) reported that Petrus Securities Lp has picked up 2,546,073 of common stock as of 2017-07-07.
The acquisition brings the aggregate amount owned by Petrus Securities Lp to a total of 2,546,073 representing a 4.9% stake in the company.
For those not familiar with the company, Hill International, Inc. is a professional services firm. The Company provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets worldwide. It operates in Project Management Group segment. The Project Management Group segment provides construction and project management services to construction owners worldwide. Its services include project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, labor compliance services and facilities management services. The Company’s clients include the United States federal government, the United States state and local governments, foreign governments and the private sector.
A glance at Hill International Inc. (NYSE:HIL)’s key stats reveals a current market capitalization of $293.51 Million based on $51.88 Million shares outstanding and a price at last close of $5.45 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-05-16, Sgro picked up 15,100 at a purchase price of $4.53. This brings their total holding to 115,694 as of the date of the filing.
On the sell side, the most recent transaction saw Fellheimer unload 22,727 shares at a sale price of $4.90. This brings their total holding to 82,526.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Hill International Inc. (NYSE:HIL) as things move forward to see if its progress aligns with these transactions.
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