A Director at Koppers Holdings Inc (KOP) is Buying Shares


Today, a Director at Koppers Holdings Inc (NYSE: KOP), Albert Neupaver, bought shares of KOP for $179.4K.

Following Albert Neupaver’s last KOP Buy transaction on May 20, 2016, the stock climbed by 10.7%. Following this transaction Albert Neupaver’s holding in the company was increased by 12.4% to a total of $1.59 million.

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Based on Koppers Holdings Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $436 million and quarterly net profit of $600K. In comparison, last year the company earned revenue of $378 million and had a net profit of $19.7 million. KOP’s market cap is $743.3M and the company has a P/E ratio of 34.18. Currently, Koppers Holdings Inc has an average volume of 204.8K.

Six different firms, including B.Riley FBR and Barrington, currently also have a Buy rating on the stock. Starting in March 2018, KOP received 4 Buy ratings in a row.

The insider sentiment on Koppers Holdings Inc has been negative according to 62 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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Koppers Holdings, Inc. operates as a holding company, which produces treated wood products, wood treatment chemicals and carbon compounds. It operates through the following segments: Carbon Materials & Chemicals; Railroad and Utility Products & Services; and Performance Chemicals.

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