KEMET Co. (NYSE:KEM) SVP Ronald James Assaf sold 3,333 shares of the stock in a transaction dated Wednesday, January 9th. The shares were sold at an average price of $18.04, for a total value of $60,127.32. Following the completion of the transaction, the senior vice president now directly owns 76,723 shares of the company’s stock, valued at approximately $1,384,082.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ronald James Assaf also recently made the following trade(s):

  • On Monday, December 3rd, Ronald James Assaf sold 3,333 shares of KEMET stock. The shares were sold at an average price of $21.39, for a total value of $71,292.87.
  • On Friday, November 2nd, Ronald James Assaf sold 3,333 shares of KEMET stock. The shares were sold at an average price of $21.83, for a total value of $72,759.39.

KEM opened at $18.40 on Friday. KEMET Co. has a 12 month low of $15.55 and a 12 month high of $29.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.77 and a current ratio of 2.60. The company has a market capitalization of $1.07 billion, a P/E ratio of 11.36 and a beta of 2.87.

KEMET (NYSE:KEM) last posted its earnings results on Tuesday, October 30th. The electronics maker reported $0.87 EPS for the quarter, beating the consensus estimate of $0.60 by $0.27. KEMET had a return on equity of 27.21% and a net margin of 7.18%. The firm had revenue of $349.20 million for the quarter, compared to analysts’ expectations of $335.56 million. During the same period last year, the firm earned $0.45 EPS. The firm’s revenue was up 15.8% compared to the same quarter last year. As a group, research analysts expect that KEMET Co. will post 3.16 earnings per share for the current fiscal year.

A number of research analysts recently commented on KEM shares. Zacks Investment Research downgraded KEMET from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine cut KEMET from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 27th. Finally, Macquarie began coverage on KEMET in a research report on Monday, October 8th. They issued an “outperform” rating on the stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in shares of KEMET by 15.5% in the third quarter. BlackRock Inc. now owns 8,173,112 shares of the electronics maker’s stock worth $151,612,000 after buying an additional 1,096,341 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of KEMET by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,256,799 shares of the electronics maker’s stock worth $78,651,000 after purchasing an additional 52,024 shares during the period. Vanguard Group Inc. increased its holdings in shares of KEMET by 1.1% during the third quarter. Vanguard Group Inc. now owns 3,246,669 shares of the electronics maker’s stock worth $60,226,000 after purchasing an additional 34,175 shares during the period. Vanguard Group Inc increased its holdings in shares of KEMET by 1.1% during the third quarter. Vanguard Group Inc now owns 3,246,669 shares of the electronics maker’s stock worth $60,226,000 after purchasing an additional 34,175 shares during the period. Finally, Renaissance Technologies LLC increased its stake in KEMET by 93.6% in the third quarter. Renaissance Technologies LLC now owns 2,746,325 shares of the electronics maker’s stock valued at $50,944,000 after acquiring an additional 1,327,425 shares during the last quarter. Hedge funds and other institutional investors own 79.58% of the company’s stock.

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KEMET Company Profile

KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide. The company operates in three segments: Solid Capacitors, Film and Electrolytic; and Electro-Magnetic, Sensors, and Actuators. It offers tantalum, aluminum polymer, and ceramic capacitors; film, paper, and wet aluminum electrolytic capacitors; electromagnetic interference filters; and electro-magnetic compatible materials and devices, piezo materials and actuators, and various types of sensors.

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Insider Buying and Selling by Quarter for KEMET (NYSE:KEM)

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