$87,180.00 Sold in Stock by KMG Chemicals Primary Shareholder

Published Date : May 11, 2015

KMG Chemicals (NYSE:KMG) significant shareholder David L. Hatcher sold 3,000 shares of the stock on the open market in an exchange that happened on Friday, May 8th. The shares were sold at a normal cost of $29.06, for an aggregate estimation of $87,180.00. Taking after the culmination of the deal, the insider now specifically possesses 1,972,997 shares in the organization, esteemed at more or less $57,335,292.82. The deal was uncovered in a record documented with the SEC, which can be gotten to through this link. Expansive shareholders that claim no less than 10% of an organization's stock are obliged to unveil their exchanges with the SEC. 

Shares of KMG Chemicals (NYSE:KMG) opened at 29.67 on Friday. KMG Chemicals has a 1-year low of $13.89 and a 1-year high of $31.67. The stock has a 50-day moving average of $28. also, a 200-day moving average of $22. The organization has a business sector top of $346.55 million and a P/E proportion of 49.29. 

KMG Chemicals (NYSE:KMG) last declared its profit earning results on Thursday, March 12th. The organization reported $0.30 earnings per share (EPS) for the quarter, beating the accord appraisal of ($0.03) by $0.33. The organization had an income of $79.80 million for the quarter, compared with the accord assessment of $73.90 million. All things considered, experts foresee that KMG Chemicals will post $0.88 profit per share for the current monetary year. 

Various exploration firms have as of late remarked on KMG. Experts at Zacks said that a solid purchase rating and have set a $32.00 value focus on shares of KMG Chemicals in note of research on Friday, May 1st. independently, examiners at TheStreet redesigned shares of KMG Chemicals from a "hold" rating to a "purchase" rating in not of research on Wednesday, February 18th.