Sun Hydraulics Corp. (NASDAQ:SNHY) shares traded up 3.6% on Tuesday . The company traded as high as $31.33 and last traded at $31.24, with a volume of 60,292 shares changing hands. The stock had previously closed at $30.16.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Sun Hydraulics Corp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 4th. TheStreet raised shares of Sun Hydraulics Corp. from a “hold” rating to a “buy” rating in a report on Monday, May 9th.

The stock has a 50 day moving average price of $30.00 and a 200 day moving average price of $31.09. The company has a market capitalization of $844.54 million and a P/E ratio of 29.29.

In other Sun Hydraulics Corp. news, Director Christine L. Koski sold 10,000 shares of the company’s stock in a transaction on Wednesday, June 22nd. The stock was sold at an average price of $30.85, for a total value of $308,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christine L. Koski sold 12,551 shares of the company’s stock in a transaction on Thursday, June 30th. The shares were sold at an average price of $29.53, for a total value of $370,631.03. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Sun Hydraulics Corp. stock. Schwab Charles Investment Management Inc. increased its stake in shares of Sun Hydraulics Corp. (NASDAQ:SNHY) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,056 shares of the company’s stock after buying an additional 6,883 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.29% of Sun Hydraulics Corp. worth $2,477,000 at the end of the most recent quarter.

Sun Hydraulics Corporation (Sun) designs and manufactures screw-in hydraulic cartridge valves and manifolds, which control force, speed and motion as integral components in fluid power systems. The Company operates through manufacturing and distribution of hydraulic components segment. The Company, at components level, designs and manufactures screw-in hydraulic cartridge valves, manifolds, and integrates fluid power packages and subsystems.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.