Chase Co. (NYSEAMERICAN:CCF) insider Peter R. Chase sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $124.37, for a total value of $124,370.00. Following the completion of the sale, the insider now directly owns 5,693 shares of the company’s stock, valued at approximately $708,038.41. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Chase stock traded down $0.35 during trading hours on Wednesday, reaching $124.65. 11,800 shares of the company were exchanged, compared to its average volume of 18,569. Chase Co. has a 12 month low of $95.00 and a 12 month high of $131.70.
Chase (NYSEAMERICAN:CCF) last announced its earnings results on Thursday, July 5th. The construction company reported $1.32 earnings per share (EPS) for the quarter. The firm had revenue of $78.92 million during the quarter. Chase had a return on equity of 15.54% and a net margin of 13.43%.
A number of institutional investors have recently made changes to their positions in CCF. Neuberger Berman Group LLC boosted its position in shares of Chase by 41.3% in the first quarter. Neuberger Berman Group LLC now owns 404,582 shares of the construction company’s stock valued at $47,114,000 after acquiring an additional 118,347 shares during the period. BlackRock Inc. boosted its position in shares of Chase by 6.5% in the second quarter. BlackRock Inc. now owns 504,068 shares of the construction company’s stock valued at $59,101,000 after acquiring an additional 30,890 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Chase by 498.4% in the second quarter. Advisors Asset Management Inc. now owns 15,050 shares of the construction company’s stock valued at $125,000 after acquiring an additional 12,535 shares during the period. Systematic Financial Management LP boosted its position in shares of Chase by 15.1% in the second quarter. Systematic Financial Management LP now owns 39,700 shares of the construction company’s stock valued at $4,655,000 after acquiring an additional 5,200 shares during the period. Finally, Alps Advisors Inc. bought a new stake in shares of Chase in the second quarter valued at approximately $579,000.
Chase Company Profile
Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for communication and local area network cables; moisture protective coatings for electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and composite strength elements for use in wind energy generation.
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