The President & CEO of Cambrex Corp (CBM) is Buying Shares


Yesterday, the President & CEO of Cambrex Corp (NYSE: CBM), Steven Klosk, bought shares of CBM for $685.3K.

This recent transaction increases Steven Klosk’s holding in the company by 33.67% to a total of $7.57 million.

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Based on Cambrex Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $141 million and quarterly net profit of $24.06 million. In comparison, last year the company earned revenue of $105 million and had a net profit of $19.87 million. CBM’s market cap is $1.53B and the company has a P/E ratio of 14.53. Currently, Cambrex Corp has an average volume of 446.9K.

Starting in August 2013, CBM received 7 Buy ratings in a row. Five different firms, including Craig-Hallum and Jefferies, currently also have a Buy rating on the stock.

The insider sentiment on Cambrex Corp has been negative according to 21 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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Cambrex Corp. engages in the provision of products, services, and technologies to accelerate and improve the development and commercialization of new and generic therapeutics. It supplies to innovator and generic pharmaceutical companies.

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