Kaman Corp. Director Sells $157,548 in Stock (KAMN)
Kaman Corp. (NASDAQ:KAMN) Director E Reeves Callaway III sold 4,250 shares of the stock on the open market in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $37.07, for a total transaction of $157,547.50. Following the sale, the director now directly owns 13,370 shares in the company. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Kaman Corp. (NASDAQ:KAMN) traded down 0.62% on Thursday, hitting $36.81. The stock had a trading volume of 33,512 shares. Kaman Corp. has a 1-year low of $31.82 and a 1-year high of $39.91. The stock’s 50-day moving average is $36.91 and its 200-day moving average is $35.32. The company has a market cap of $996.3 million and a price-to-earnings ratio of 18.38.
Kaman Corp. (NASDAQ:KAMN) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.08. The company had revenue of $431.70 million for the quarter, compared to the consensus estimate of $423.76 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that Kaman Corp. will post $2.29 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Friday, October 4th.
Kaman Corporation conducts business in the aerospace and distribution markets. The Company operates in two business segments: Distribution and Aerospace.
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