What’s Behind the Insider Buying Spree at Hurco Companies?

Hurco Companies, Inc. (HURC:US) is a global industrial tech firm providing advanced CNC machine tools and controls to manufacturers across aerospace, medical, and energy sectors. With operations spanning North America, Europe, and Asia, Hurco empowers job shops and OEMs to improve productivity and precision.

Insiders Signal Confidence with Targeted Buys

Between June 11 and June 24, 2025, Hurco saw a wave of insider buying, led by Executive Chairman Michael Doar. In three separate transactions, Doar acquired a total of 6,000 shares at prices ranging from $15.68 to $15.99, amounting to $94,940. His purchases came as the stock traded at just 0.52x book value, indicating a potential disconnect between market price and intrinsic worth. Following these buys, Doar now directly holds 221,460 shares.

Other key insiders also stepped in. CEO Greg Volovic acquired 7,475 shares for $99,786. Director Janaki Sivanesan purchased 700 shares valued at $11,025, while Principal Accounting Officer HaiQuynh Jamison and Director Richard Porter made smaller but notable acquisitions. The coordinated activity from leadership strongly suggests a collective belief in Hurco’s future trajectory.

Financial Challenges and a Path Forward

The buying spree follows Hurco’s Q2 FY2025 earnings report, which revealed a net loss of $4.06 million, slightly wider than the $3.92 million loss in the same quarter last year. Revenues also fell 10% year-over-year to $40.87 million, with declines across all major regions. However, the company maintains a strong current ratio of 4.74 and a balance sheet with more cash than debt.

Despite short-term headwinds, the company is actively managing costs, protecting its liquidity, and investing in product development. CEO Volovic stated Hurco remains focused on reinforcing its financial foundation and returning to profitability by maintaining long-term strategic discipline.

Revolutionizing Precision: The Roeders RPT Launch

Amid this transitional phase, Hurco is also betting big on innovation. In collaboration with Roeders, the company is rolling out the RPT series of 3- and 5-axis vertical machining centers (VMCs), which push the boundaries of prismatic machining accuracy. These machines can achieve geometric stability within ±1 micron, even in environments with ambient temperature fluctuations.

What makes the RPT series particularly revolutionary is its built-in PRECITEMP technology, which delivers advanced thermal compensation without the need for costly climate-controlled environments. With three levels of precision management available, Hurco is redefining what is possible on the shop floor, making ultra-precision machining accessible and economical.

Final Thoughts: A Company Poised for a Turnaround

Hurco is navigating financial challenges but remains well-capitalized, product-focused, and backed by insider confidence. With next-gen innovations like the Roeders RPT series and recent insider buying, the company may be positioning itself for a strong turnaround.