Yesterday, the CEO of Minerals Technologies Inc, Douglas Dietrich, exercised options of Minerals Technologies Inc (NYSE: MTX) for $337.5K.
This recent transaction increases Douglas Dietrich’s holding in the company by 25.85% to a total of $5.04 million.
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Based on Minerals Technologies Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $431 million and quarterly net profit of $39.9 million. In comparison, last year the company earned revenue of $405 million and had a net profit of $34.6 million. MTX’s market cap is $2.66B and the company has a P/E ratio of 13.41. Currently, Minerals Technologies Inc has an average volume of 478K.
Five different firms, including CJS Securities and Jefferies, currently also have a Buy rating on the stock.
The insider sentiment on Minerals Technologies Inc has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Minerals Technologies, Inc. engages in the development, production, and trade of specialty mineral, mineral-based, and synthetic mineral products. It operates through the following business segments: Specialty Minerals, Refractories, Performance Materials and Energy Services.
