Yesterday, the President & CEO of Chemours Company (CC), Mark Vergnano, bought shares of CC for $1.02M.
Following Mark Vergnano’s last CC Buy transaction on September 08, 2015, the stock climbed by 14.3%. Following this transaction Mark Vergnano’s holding in the company was increased by 6.81% to a total of $15.86 million.
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CC’s market cap is $3.79B and the company has a P/E ratio of 5.22. Currently, Chemours Company has an average volume of 2.49M.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $39.57, reflecting a 72.3% upside. Starting in May 2019, CC received 7 Buy ratings in a row. Six different firms, including SunTrust Robinson and Jefferies, currently also have a Buy rating on the stock.
The insider sentiment on Chemours Company has been neutral according to 36 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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The Chemours Co. is a holding company, which engages in the provision of performance chemicals. It operates through the following segments: Titanium Technologies, Fluoroproducts, Chemical Solutions, and Corporate and Other. The Titanium Technologies segment produces titanium dioxide.
