Today, the VP Marketing of Cabot Microelectronics Corporation (CCMP), Daniel Woodland, sold shares of CCMP for $358K.
Following Daniel Woodland’s last CCMP Sell transaction on December 05, 2017, the stock climbed by 23.5%.
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Based on Cabot Microelectronics Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $272 million and quarterly net profit of $18.88 million. In comparison, last year the company earned revenue of $150 million and had a net profit of $35.14 million. The company has a one-year high of $129.94 and a one-year low of $82.24. CCMP’s market cap is $3.32B and the company has a P/E ratio of 29.38.
The insider sentiment on Cabot Microelectronics Corporation has been negative according to 48 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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Cabot Microelectronics Corp. engages in the development, manufacture, and sale of chemical mechanical planarization consumables products. The firm offers chemical mechanical planarization slurries for polishing many of the conducting, insulating and isolating materials used in integrated circuit devices, and for polishing the disk substrates and magnetic heads used in hard disk drives. It also develops, manufactures and sells chemical mechanical planarization polishing pads, which are used in conjunction with slurries in the chemical mechanical planarization process. The company was founded by William P. Noglows in October 1999 and is headquartered in Aurora, IL.
