Omega Protein Corp. VP Sells $36,875 in Stock (OME)
Omega Protein Corp. (NYSE:OME) VP Gregory P. Toups sold 2,500 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $14.75, for a total transaction of $36,875.00. Following the completion of the sale, 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) opened at 14.36 on Wednesday. Omega Protein Corp. has a one year low of $8.30 and a one year high of $15.27. The stock’s 50-day moving average is $13.14 and its 200-day moving average is $12.33. The company has a market cap of $300.2 million and a price-to-earnings ratio of 8.58.
Omega Protein Corp. (NYSE:OME) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.17. Analysts expect that Omega Protein Corp. will post $1.18 EPS for the current fiscal year.
Separately, 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. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target 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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