AdvanSix Inc (NYSE:ASIX) Director Michael Marberry bought 3,700 shares of the firm’s stock in a transaction dated Monday, May 20th. The shares were acquired at an average price of $26.99 per share, for a total transaction of $99,863.00. Following the completion of the transaction, the director now owns 39,996 shares in the company, valued at approximately $1,079,492.04. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of AdvanSix stock opened at $26.42 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.50 and a debt-to-equity ratio of 0.74. AdvanSix Inc has a twelve month low of $22.57 and a twelve month high of $41.45. The stock has a market cap of $792.19 million, a PE ratio of 12.64 and a beta of 1.96.

AdvanSix (NYSE:ASIX) last issued its earnings results on Friday, May 3rd. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.29. AdvanSix had a net margin of 5.09% and a return on equity of 17.96%. The business had revenue of $314.90 million for the quarter, compared to analyst estimates of $340.87 million. During the same period in the previous year, the business earned $0.37 EPS. The firm’s revenue was down 12.3% on a year-over-year basis. Research analysts forecast that AdvanSix Inc will post 2.64 earnings per share for the current year.

Several analysts have recently weighed in on the stock. Cowen lowered shares of AdvanSix from an “outperform” rating to a “market perform” rating and set a $33.00 target price on the stock. in a research report on Wednesday, February 6th. Zacks Investment Research lowered shares of AdvanSix from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 11th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. AdvanSix has an average rating of “Hold” and a consensus target price of $34.00.

A number of large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in AdvanSix by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 1,592,172 shares of the company’s stock valued at $54,054,000 after buying an additional 146,123 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in AdvanSix by 6.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,005,807 shares of the company’s stock valued at $28,736,000 after buying an additional 62,638 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in AdvanSix by 14.1% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 768,409 shares of the company’s stock valued at $18,704,000 after buying an additional 94,694 shares in the last quarter. Norges Bank acquired a new position in AdvanSix in the fourth quarter valued at about $16,966,000. Finally, Renaissance Technologies LLC boosted its position in AdvanSix by 72.6% in the first quarter. Renaissance Technologies LLC now owns 438,100 shares of the company’s stock valued at $12,517,000 after buying an additional 184,222 shares in the last quarter. Hedge funds and other institutional investors own 82.53% of the company’s stock.

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About AdvanSix

AdvanSix Inc manufactures and sells polymer resins. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce engineered plastics, fibers, filaments, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone, which is used by customers in the production of adhesives, paints, coatings, solvents, herbicides, and other engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, cyclohexanol, acetaldehyde oxime, 2-pentanone oxime, sulfuric acid, ammonia, and carbon dioxide.

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Insider Buying and Selling by Quarter for AdvanSix (NYSE:ASIX)

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