Today it was reported that the SVP, Mng Dir, Neenah Germany of Neenah Paper (NYSE: NP), Armin Schwinn, exercised options to sell 1,556 NP shares at $58.80 a share, for a total transaction value of $140.4K.
Following Armin Schwinn’s last NP Sell transaction on March 08, 2018, the stock climbed by 12.8%. In addition to Armin Schwinn, 2 other NP executives reported Sell trades in the last month.
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Based on Neenah Paper’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $271 million and GAAP net loss of $4.9 million. In comparison, last year the company earned revenue of $249 million and had a net profit of $24.8 million. NP’s market cap is $1.55B and the company has a P/E ratio of 32.01. Currently, Neenah Paper has an average volume of 16.91K.
The insider sentiment on Neenah Paper has been negative according to 44 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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Neenah, Inc. engages in the provision of performance-based papers and specialty product. It operates through the following segments: Technical Products, Fine Paper and Packaging, and Other.
