Columbus McKinnon Corporation (CMCO): Among Stocks Insiders Were Buying In Q1 2025

We recently published a list of 20 Stocks Insiders Were Buying In Q1 2025. In this article, we are going to take a look at where Columbus McKinnon Corporation (NASDAQ:CMCO) stands against other stocks insiders were buying in Q1 2025.

About 30 minutes before the market closed Monday, the broader market index was up 0.3%, while the blue-chip companies gained 0.9%. Meanwhile, the Nasdaq Composite dropped 0.5%. Some stocks were recovering from Friday losses after inflation data came in higher than expected, coupled with weak consumer sentiment, which heightened concerns about the U.S. economy’s stability, according to Investopedia.

As investors react to daily market changes, ongoing uncertainty continues to affect the market. During such times, insider trading often garners attention, as executive purchases of company stock can signal optimism about the company’s prospects. However, insider sales do not always indicate a lack of confidence—they may be influenced by personal financial reasons or a need for diversification. Executives often follow pre-arranged plans, like 10b5-1, to ensure transparency. While insider trading can offer valuable insights, it should be considered alongside a company’s financial health, market conditions, and industry shifts.

Our Methodology

What are some of the stocks insiders have been buying the most in the first quarter of the year? To find out, we used Insider Monkey’s insider trading stock screener, focusing only on stocks where at least five insiders had purchased shares in January, February, and March. From there, we ranked the 20 stocks with the highest number of insiders purchasing shares.

Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

With each stock, we note the average price per share of these purchases and the stock’s market capitalization.

Columbus McKinnon Corporation (NASDAQ:CMCO)

Market Cap: $487.56 million

Number of insiders buying: 8

Columbus McKinnon Corporation designs and manufactures motion solutions for material handling, lifting, and positioning worldwide. The Charlotte, North Carolina-headquartered company offers a wide range of products, including hoists, cranes, conveyors, lifting devices, and motion control systems, serving industries like aerospace, energy, and food production.

In February and March, eight insiders, including the president and CEO, bought around $1.10 million worth of Columbus McKinnon shares at an average price of $17.99 per share. Year-to-date the stock is down 55.97%, trading at $16.40 per share. Over the past 12 months, its shares declined 61.96%.

For the third quarter of fiscal 2025, Columbus McKinnon reported net sales of $234.1 million, compared to $254.1 million in the same period of fiscal 2024. Gross profit amounted to $82.1 million, which compares to $93.9 million in the corresponding quarter of the prior year. During the reporting quarter, the company repaid $15 million of debt.

According to StockAnalysis, two analysts rate Columbus McKinnon as “Buy” with a price target of $44.00. The average price target indicates a 169.28% upside from the latest price.

Overall, CMCO ranks 13th on our list of stocks insiders were buying in Q1 2025. While we acknowledge the potential of CMCO our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CMCO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.