The SVP, Ceramic of Kemet Corp (KEM) is Selling Shares


Today, the SVP, Ceramic of Kemet Corp (NYSE: KEM), Charles Meeks, sold shares of KEM for $306.8K.

Following Charles Meeks’ last KEM Sell transaction on March 02, 2018, the stock climbed by 2.8%. In addition to Charles Meeks, one other KEM executive reported Sell trades in the last month.

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Based on Kemet Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $318 million and quarterly net profit of $2.43 million. In comparison, last year the company earned revenue of $198 million and had a net profit of $52.91 million. KEM’s market cap is $1.17B and the company has a P/E ratio of 4.68. Currently, Kemet Corp has an average volume of 623K.

The insider sentiment on Kemet Corp has been negative according to 61 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Charles Meeks’ trades have generated a -3.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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KEMET Corp. engages in the manufacture of passive electronic components. It operates through the following segments: Solid Capacitors; Film and Electrolytic Segment; and Electro-Magnetic, Sensors, and Actuators Segment. The Solid Capacitors produces tantalum, aluminum, polymer and ceramic capacitors which are sold globally.

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