AdvanSix Inc (NASDAQ:ASIX) Director Michael Marberry bought 539 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was purchased at an average cost of $46.41 per share, with a total value of $25,014.99. Following the completion of the purchase, the director now directly owns 16,420 shares of the company’s stock, valued at approximately $762,052.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael Marberry also recently made the following trade(s):

  • On Monday, October 2nd, Michael Marberry bought 625 shares of AdvanSix stock. The stock was purchased at an average cost of $39.93 per share, with a total value of $24,956.25.
  • On Friday, September 1st, Michael Marberry bought 782 shares of AdvanSix stock. The stock was purchased at an average cost of $31.94 per share, with a total value of $24,977.08.

AdvanSix (NASDAQ:ASIX) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.17. The company had revenue of $361.44 million during the quarter. AdvanSix had a return on equity of 40.03% and a net margin of 7.13%.

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Several equities analysts recently weighed in on the stock. Cowen and Company raised their target price on shares of AdvanSix from $40.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, October 6th. BidaskClub raised shares of AdvanSix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 23rd. Finally, Zacks Investment Research raised shares of AdvanSix from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research report on Tuesday, September 12th.

Several hedge funds have recently bought and sold shares of the company. UBS Asset Management Americas Inc. grew its stake in shares of AdvanSix by 5.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 9,132 shares of the company’s stock worth $285,000 after acquiring an additional 498 shares during the period. Pacad Investment Ltd. grew its stake in shares of AdvanSix by 16.7% during the 2nd quarter. Pacad Investment Ltd. now owns 3,500 shares of the company’s stock worth $109,000 after acquiring an additional 500 shares during the period. Pinebridge Investments L.P. grew its stake in shares of AdvanSix by 13.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 4,509 shares of the company’s stock worth $141,000 after acquiring an additional 539 shares during the period. Symphony Asset Management LLC grew its stake in shares of AdvanSix by 4.1% during the 2nd quarter. Symphony Asset Management LLC now owns 20,063 shares of the company’s stock worth $627,000 after acquiring an additional 784 shares during the period. Finally, AGF Investments Inc. grew its stake in shares of AdvanSix by 1.7% during the 2nd quarter. AGF Investments Inc. now owns 65,603 shares of the company’s stock worth $2,050,000 after acquiring an additional 1,111 shares during the period.

About AdvanSix

AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.

Insider Buying and Selling by Quarter for AdvanSix (NASDAQ:ASIX)

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