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Park Capital Management LLC WI Buys Shares of 5,890 Albemarle Corporation $ALB
Park Capital Management LLC WI has initiated a new position in Albemarle (NYSE:ALB) by acquiring 5,890 shares valued at approximately $833,000 during Q4. This move comes as Albemarle’s CEO, J. Kent Masters, recently sold 11,783 shares for about $2.01 million, reducing his stake. Analysts maintain a “Moderate Buy” consensus rating for Albemarle, with an average price target of $170.24, and the company recently declared a quarterly dividend of $0.405 per share.