High-Flying Hecla Mining Company (HL) and Constellation Brands Inc. (STZ) Register Insider Selling, Plus 3 Companies With Insider Buying

Low-Priced Provider of Equipment to the Semiconductor Industry Registers Insider Buying

Trio-Tech International (NYSEMKT:TRT) recently witnessed the first insider buying of its shares 2016. Director Jason T. Adelman, elected to the Board of Trio-Tech in April 1997, snatched up 2,400 shares on Friday at a price tag of $2.75 each. Mr. Adelman currently holds an ownership stake of 7,400 shares.

The provider of reliability testing equipment and services to the semiconductor industry has seen its market value jump by 17% since the beginning of the year. The company manufactures a portfolio of test equipment used in the “front end’ and the “back end” manufacturing process of semiconductors, as well as distributes complementary products made by other manufacturers. Trio-Tech International (NYSEMKT:TRT)’s revenue for the nine months that ended March 31 was $25.64 million, up from $25.53 million recorded during the same period of the previous year. The increase in overall revenue was mainly driven by an increase in the manufacturing segment and distribution segment in its Singapore operations. The company’s bottom-line more than tripled year-over-year to $599,000. Jim Simons’ Renaissance Technologies owned 127,100 shares of Trio-Tech International (NYSEMKT:TRT) on March 31.

Maryland-Based Independent Commercial Bank CFO Buys Some Shares

Old Line Bancshares Inc. (MD) (NASDAQ:OLBK) also witnessed mild insider buying this past week. Elise Marie Hubbard, Chief Financial Officer and Senior Vice President, snapped up 1,299 shares on Friday at $18.48 apiece, lifting her ownership to 2,585 shares.

The parent company of Old Line Bank, the third-largest independent commercial bank based in Maryland, recently announced plans to close and consolidate three branches. As these three branches have existing Old Line Bank branches within close proximity, the freshly-announced move is set to maximize efficiencies by cutting costs. In December 2015, Old Line Bancshares Inc. (MD) (NASDAQ:OLBK) wrapped up the $7 million cash-and-stock acquisition of Regal Bancorp Inc., a deal that enabled the acquirer to move into the Greater Baltimore market. Old Line shares are 6% in the green thus far in 2016. Matthew Lindenbaum’s Basswood Capital had 396,055 shares of Old Line Bancshares Inc. (MD) (NASDAQ:OLBK) among its holdings at the end of March.

The last page of this article will reveal the insider selling registered at two companies.