U.S. Markets closed

Albemarle Corp (ALB) Chairman, President & CEO Luther C Iv Kissam Sold $5.5 million of Shares

- By insider

Chairman, President & CEO of Albemarle Corp (ALB) Luther C Iv Kissam sold 50,000 shares of ALB on 07/07/2017 at an average price of $110.08 a share. The total sale was $5.5 million.

Albemarle Corp is a developer, manufacturer and marketer of engineered specialty chemicals. It provides services to end markets including petroleum refining, consumer electronics, construction, automotive, lubricants and pharmaceuticals. Albemarle Corp has a market cap of $12.51 billion; its shares were traded at around $112.95 with a P/E ratio of 27.50 and P/S ratio of 4.67. The dividend yield of Albemarle Corp stocks is 1.12%. Albemarle Corp had annual average EBITDA growth of 7.70% over the past ten years.


CEO Recent Trades:

  • Chairman, President & CEO Luther C Iv Kissam sold 50,000 shares of ALB stock on 07/07/2017 at the average price of $110.08. The price of the stock has increased by 2.61% since.

CFO Recent Trades:

  • EVP & CFO Scott Tozier sold 25,000 shares of ALB stock on 07/07/2017 at the average price of $110.13. The price of the stock has increased by 2.56% since.

Directors and Officers Recent Trades:

  • EVP, Chief Admin Officer Karen G Narwold sold 20,000 shares of ALB stock on 06/19/2017 at the average price of $108.16. The price of the stock has increased by 4.43% since.
  • Director Douglas L Maine sold 10,000 shares of ALB stock on 06/19/2017 at the average price of $107.94. The price of the stock has increased by 4.64% since.

For the complete insider trading history of ALB, click here

.This article first appeared on GuruFocus.