Insider Selling: Balchem Corp. Director Sells 4,000 Shares of Stock (BCPC)
Balchem Corp. (NASDAQ:BCPC) Director John Televantos unloaded 4,000 shares of Balchem Corp. stock on the open market in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $49.60, for a total transaction of $198,400.00. Following the sale, the director now directly owns 41,257 shares in the company. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Balchem Corp. (NASDAQ:BCPC) traded down 0.90% on Thursday, hitting $50.28. The stock had a trading volume of 45,626 shares. Balchem Corp. has a 52 week low of $31.23 and a 52 week high of $53.75. The stock’s 50-day moving average is $50.34 and its 200-day moving average is $46.16. The company has a market cap of $1.502 billion and a price-to-earnings ratio of 35.98.
Balchem Corp. (NASDAQ:BCPC) last released its earnings data on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.01. On average, analysts predict that Balchem Corp. will post $1.54 earnings per share for the current fiscal year.
Balchem Corporation is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization industries.
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