Share on StockTwits

Rockwood Holdings (NYSE:ROC) Insider Thomas Riordan sold 11,206 shares of Rockwood Holdings stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $75.89, for a total transaction of $850,423.34. Following the completion of the sale, the insider now directly owns 77,968 shares in the company, valued at approximately $5,916,992. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Rockwood Holdings (NYSE:ROC) traded up 1.45% on Tuesday, hitting $77.09. The stock had a trading volume of 890,863 shares. Rockwood Holdings has a 52 week low of $62.37 and a 52 week high of $82.00. The stock’s 50-day moving average is $74.58 and its 200-day moving average is $73.39. The company has a market cap of $5.593 billion and a P/E ratio of 3.57.

Rockwood Holdings (NYSE:ROC) last announced its earnings results on Wednesday, May 7th. The company reported $0.43 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.43. The company had revenue of $354.50 million for the quarter, compared to the consensus estimate of $355.11 million. During the same quarter last year, the company posted $0.68 earnings per share. Rockwood Holdings’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Rockwood Holdings will post $2.15 EPS for the current fiscal year.

A number of analysts have recently weighed in on ROC shares. Analysts at Zacks upgraded shares of Rockwood Holdings from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $76.60 price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Rockwood Holdings in a research note on Thursday, May 8th. They now have a $89.00 price target on the stock, down previously from $90.00. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Rockwood Holdings presently has an average rating of “Hold” and a consensus price target of $80.23.

Rockwood Holdings, Inc (NYSE:ROC) is a developer, manufacturer and marketer of specialty chemicals and advanced materials used for industrial and commercial purposes.

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.