Omega Protein Corp. VP Unloads $36,875 in Stock (OME)
Omega Protein Corp. (NYSE:OME) VP Gregory P. Toups unloaded 2,500 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $14.75, for a total transaction of $36,875.00. Following the transaction, the vice president now directly owns 30,378 shares of the company’s stock, valued at approximately $448,076. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of 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 1-year low of $8.30 and a 1-year 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 P/E ratio of 8.69.
Omega Protein Corp. (NYSE:OME) last released its earnings data on Wednesday, May 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.17. Analysts expect that Omega Protein Corp. will post $1.18 EPS for the current fiscal year.
Several analysts have recently commented on the stock. 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $16.58.
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.
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