Today, the SVP R&T of Innospec Inc (NASDAQ: IOSP), Ian Malcolm Mcrobbie, sold shares of IOSP for $383.6K.
Following Ian Malcolm Mcrobbie’s last IOSP Sell transaction on November 23, 2016, the stock climbed by 11.0%. In addition to Ian Malcolm Mcrobbie, 3 other IOSP executives reported Sell trades in the last month.
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Based on Innospec Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $361 million and quarterly net profit of $22.2 million. In comparison, last year the company earned revenue of $294 million and had a net profit of $17.2 million. IOSP’s market cap is $1.87B and the company has a P/E ratio of 28.30. Currently, Innospec Inc has an average volume of 12.94K.
The insider sentiment on Innospec Inc has been negative according to 37 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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Innospec, Inc. develops, manufactures, blends, markets and supplies fuel additives, oilfield chemicals, personal care, and other specialty chemicals. It operates through the following segments: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives.
