Insider Selling: Mark Edward Griffin Unloads 2,300 Shares of Omega Protein Corp. Stock (OME)
Omega Protein Corp. (NYSE:OME) Insider Mark Edward Griffin sold 2,300 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $14.77, for a total transaction of $33,971.00. Following the sale, the insider now directly owns 84,583 shares of the company’s stock, valued at approximately $1,249,291. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Omega Protein Corp. (NYSE:OME) traded down 2.18% during mid-day trading on Friday, hitting $11.69. 347,166 shares of the company’s stock traded hands. Omega Protein Corp. has a 52-week low of $8.64 and a 52-week high of $15.27. The stock’s 50-day moving average is $13.73 and its 200-day moving average is $12.60. The company has a market cap of $246.6 million and a P/E ratio of 6.68.
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. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.00.
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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