A Director at Innospec Inc is Exercising Options


Today, a Director at Innospec Inc, Milton Blackmore, exercised options of Innospec Inc (NASDAQ: IOSP) for $34.11K.

Following Milton Blackmore’s last IOSP Sell transaction on November 30, 2017, the stock climbed by 6.4%. In addition to Milton Blackmore, 4 other IOSP executives reported Sell trades in the last month.

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Based on Innospec Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $361 million and quarterly net profit of $22.2 million. In comparison, last year the company earned revenue of $294 million and had a net profit of $17.2 million. IOSP’s market cap is $1.89B and the company has a P/E ratio of 28.54. Currently, Innospec Inc has an average volume of 3,716.

The insider sentiment on Innospec Inc has been negative according to 37 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Innospec, Inc. develops, manufactures, blends, markets and supplies fuel additives, oilfield chemicals, personal care, and other specialty chemicals. It operates through the following segments: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives.

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