The EC of Owens Corning (OC) is Selling Shares


Today, the EC of Owens Corning (OC), Michael Thaman, sold shares of OC for $1.71M.

In addition to Michael Thaman, 3 other OC executives reported Sell trades in the last month.

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Based on Owens Corning’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.92 billion and quarterly net profit of $138 million. In comparison, last year the company earned revenue of $1.82 billion and had a net profit of $121 million. The company has a one-year high of $61.53 and a one-year low of $40.64. OC’s market cap is $6.21B and the company has a P/E ratio of 12.20.

The insider sentiment on Owens Corning has been negative according to 28 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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Owens Corning engages in the development, manufacture, and marketing of insulation, roofing, and fiberglass composites. It operates through the following segments: Composites, Insulation, and Roofing.

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