Albemarle CEO J Kent Masters sold 11,783 shares of the company’s stock on March 10th for over $2 million, reducing his direct ownership by 8.05%. The company recently reported quarterly earnings that missed analyst estimates but had better-than-expected revenue, and announced a quarterly dividend. Analysts currently have a “Moderate Buy” rating on ALB with an average price target of $170.24.
Albemarle (NYSE:ALB) CEO J Kent Masters Sells 11,783 Shares
Albemarle CEO J Kent Masters sold 11,783 shares of the company’s stock on March 10th for over $2 million, reducing his direct ownership by 8.05%. The company recently reported quarterly earnings that missed analyst estimates but had better-than-expected revenue, and announced a quarterly dividend. Analysts currently have a “Moderate Buy” rating on ALB with an average price target of $170.24.