Omega Protein Corp. Trading Down 1.6% on Insider Selling (OME)
Omega Protein Corp. (NYSE:OME) fell 1.6% during trading on Friday following insider selling activity, AnalystRatingsNetwork reports. The company traded as low as $15.07 and last traded at $15.18, with a volume of 170,447 shares trading hands. The stock had previously closed at $15.43.
Specifically, VP John D. Held unloaded 64,825 shares of Omega Protein Corp. stock on the open market in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $15.09, for a total transaction of $978,209.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
The stock’s 50-day moving average is $13.73 and its 200-day moving average is $12.93. The company has a market cap of $318.2 million and a price-to-earnings ratio of 8.62.
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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