Omega Protein Corp. Insider Unloads $139,912 in Stock (OME)
Omega Protein Corp. (NYSE:OME) Insider Mark Edward Griffin unloaded 9,492 shares of the stock on the open market in a transaction dated Friday, June 6th. The shares were sold at an average price of $14.74, for a total value of $139,912.08. Following the sale, the insider now directly owns 84,583 shares of the company’s stock, valued at approximately $1,246,753. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on OME shares. Analysts at Sidoti upgraded shares of Omega Protein Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Analysts at Noble Financial raised their price target on shares of Omega Protein Corp. from $15.00 to $16.00 in a research note on Tuesday, March 11th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $16.58.
Omega Protein Corp. (NYSE:OME) traded down 0.48% during mid-day trading on Monday, hitting $14.47. The stock had a trading volume of 100,512 shares. Omega Protein Corp. has a 52-week low of $8.30 and a 52-week high of $15.27. The stock’s 50-day moving average is $13.00 and its 200-day moving average is $12.36. The company has a market cap of $302.5 million and a price-to-earnings ratio of 8.69.
Omega Protein Corp. (NYSE:OME) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.17. Analysts expect that Omega Protein Corp. will post $1.18 EPS for the current fiscal year.
Omega Protein Corporation is a nutritional ingredient company. The Company is a vertically integrated producer of Omega-3 fish oil and specialty fish meal products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.