Insider Selling: Neenah Paper CFO Unloads 8,493 Shares of Stock (NP)
Neenah Paper (NYSE:NP) CFO Bonnie Cruickshank Lind sold 8,493 shares of Neenah Paper stock on the open market in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $55.06, for a total value of $467,624.58. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Neenah Paper (NYSE:NP) traded down 0.13% on Wednesday, hitting $55.01. 19,413 shares of the company’s stock traded hands. Neenah Paper has a one year low of $36.04 and a one year high of $55.72. The stock’s 50-day moving average is $52.68 and its 200-day moving average is $50.99. The company has a market cap of $913.9 million and a price-to-earnings ratio of 17.68.
Neenah Paper (NYSE:NP) last announced its earnings results on Wednesday, August 6th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $230.40 million for the quarter, compared to the consensus estimate of $224.30 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, analysts predict that Neenah Paper will post $3.12 earnings per share for the current fiscal year.
Neenah Paper, Inc (NYSE:NP) has two primary operations: technical products business and fine paper business.
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