Today, a Director at Innospec (IOSP), Hugh Aldous, sold shares of IOSP for $301.9K.
Following Hugh Aldous’ last IOSP Sell transaction on May 16, 2016, the stock climbed by 53.5%. This is Aldous’ first Sell trade following 6 Buy transactions.
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Based on Innospec’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $372 million and quarterly net profit of $30.1 million. In comparison, last year the company earned revenue of $363 million and had a net profit of $20.6 million. The company has a one-year high of $107.10 and a one-year low of $53.07. IOSP’s market cap is $2.45B and the company has a P/E ratio of 24.24.
The insider sentiment on Innospec has been negative according to 23 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.
