Today, the SVP, Sales Marketing of Kemet Corp (NYSE: KEM), Lollini Claudio, sold shares of KEM for $179.5K.
Following Lollini Claudio’s last KEM Sell transaction on May 17, 2017, the stock climbed by 5.4%.
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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 $1.06B and the company has a P/E ratio of 4.24. Currently, Kemet Corp has an average volume of 400.9K.
The insider sentiment on Kemet Corp has been negative according to 58 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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KEMET Corp. manufactures capacitors. The company’s product offerings include tantalum, multilayer ceramic, solid and electrolytic aluminum and film and paper capacitors. It manufactures a broad line of capacitors in many different sizes and configurations using a variety of raw materials.
