Insider Selling: A. Schulman CEO Sells 16,666 Shares of Stock (SHLM)
A. Schulman (NASDAQ:SHLM) CEO Joseph M. Gingo sold 16,666 shares of the company’s stock on the open market in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $39.18, for a total transaction of $652,973.88. Following the completion of the transaction, the chief executive officer now directly owns 117,175 shares in the company, valued at approximately $4,590,917. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A. Schulman (NASDAQ:SHLM) traded up 0.28% on Wednesday, hitting $39.05. The stock had a trading volume of 146,461 shares. A. Schulman has a 1-year low of $27.16 and a 1-year high of $42.51. The stock has a 50-day moving average of $40.27 and a 200-day moving average of $37.13. The company has a market cap of $1.136 billion and a price-to-earnings ratio of 29.57.
A. Schulman (NASDAQ:SHLM) last released its earnings data on Tuesday, July 1st. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.08. The company had revenue of $645.70 million for the quarter, compared to the consensus estimate of $627.50 million. During the same quarter last year, the company posted $0.50 earnings per share. A. Schulman’s revenue was up 17.7% compared to the same quarter last year. Analysts expect that A. Schulman will post $2.34 EPS for the current fiscal year.
Separately, analysts at Gabelli raised their EPS on shares of A. Schulman in a research note on Thursday, July 3rd. They now have a “buy” rating on the stock.
A. Schulman, Inc (NASDAQ:SHLM) is a supplier of plastic compounds, resins and services.
Receive News & Ratings for A Schulman Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A Schulman Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.