Gerard G. Colella, a director at Columbus McKinnon Corp (NASDAQ:CMCO), a $594 million industrial machinery company, recently purchased 5,500 shares of the company's common stock. The acquisition was made on February 13,

StockNews.com lowered shares of Columbus McKinnon (NASDAQ:CMCO – Free Report) from a buy rating to a hold rating in a report issued on Tuesday. Columbus McKinnon Price Performance NASDAQ:CMCO opened at $20.

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.

Christopher J. Stephens, a director of Columbus McKinnon Corp (NASDAQ:CMCO), recently acquired 5,000 shares of the company's common stock. The purchase, made on February 13, was executed at a price of $20.