The EVP, Chief Admin Officer of Albemarle Corp (ALB) is Selling Shares


Today, the EVP, Chief Admin Officer of Albemarle Corp (ALB), Karen Narwold, sold shares of ALB for $299.3K.

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Based on Albemarle Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $778 million and quarterly net profit of $130 million. In comparison, last year the company earned revenue of $755 million and had a net profit of $119 million. ALB’s market cap is $10.26B and the company has a P/E ratio of 30.49. Currently, Albemarle Corp has an average volume of 1.01M.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $115.00, reflecting a 20.5% upside.

The insider sentiment on Albemarle Corp has been negative according to 22 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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Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services.

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