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Balchem Corp. (NASDAQ:BCPC) CEO Dino A. Rossi 12,200 shares of Balchem Corp. stock in a transaction that occurred on Tuesday, July 8th. Following the , the chief executive officer now directly owns 137,565 shares in the company, valued at approximately $7,348,722. The was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Piper Jaffray reiterated an “overweight” rating on shares of Balchem Corp. in a research note on Tuesday, May 6th. They now have a $73.00 price target on the stock, down previously from $81.00.

Balchem Corp. (NASDAQ:BCPC) traded down 1.40% on Friday, hitting $49.99. 131,190 shares of the company’s stock traded hands. Balchem Corp. has a 1-year low of $46.13 and a 1-year high of $66.34. The stock has a 50-day moving average of $54.01 and a 200-day moving average of $55.53. The company has a market cap of $1.521 billion and a price-to-earnings ratio of 36.74.

Balchem Corp. (NASDAQ:BCPC) last released its earnings data on Monday, May 5th. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.37 by $0.08. Analysts expect that Balchem Corp. will post $1.90 EPS 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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