KEMET Co. (NYSE:KEM) SVP Ronald James Assaf sold 3,333 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $21.39, for a total transaction of $71,292.87. Following the completion of the transaction, the senior vice president now directly owns 80,556 shares in the company, valued at $1,723,092.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, November 2nd, Ronald James Assaf sold 3,333 shares of KEMET stock. The stock was sold at an average price of $21.83, for a total transaction of $72,759.39.
  • On Tuesday, October 2nd, Ronald James Assaf sold 3,333 shares of KEMET stock. The stock was sold at an average price of $18.40, for a total transaction of $61,327.20.

KEMET stock opened at $19.61 on Friday. 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 firm has a market cap of $1.18 billion, a price-to-earnings ratio of 12.10 and a beta of 3.02. KEMET Co. has a one year low of $13.73 and a one year high of $29.85.

KEMET (NYSE:KEM) last posted its earnings results on Tuesday, October 30th. The electronics maker reported $0.87 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.27. The firm had revenue of $349.20 million for the quarter, compared to the consensus estimate of $335.56 million. KEMET had a net margin of 7.18% and a return on equity of 27.21%. The business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share. On average, sell-side analysts predict that KEMET Co. will post 3.16 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 26th. Shareholders of record on Friday, November 16th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, November 15th. KEMET’s payout ratio is 12.35%.

A number of institutional investors have recently bought and sold shares of KEM. Renaissance Technologies LLC increased its position in KEMET by 93.6% during the third quarter. Renaissance Technologies LLC now owns 2,746,325 shares of the electronics maker’s stock worth $50,944,000 after buying an additional 1,327,425 shares during the last quarter. BlackRock Inc. increased its position in KEMET by 15.5% during 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 last quarter. Point72 Asset Management L.P. increased its position in KEMET by 223.1% during the second quarter. Point72 Asset Management L.P. now owns 1,211,768 shares of the electronics maker’s stock worth $29,264,000 after buying an additional 836,668 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new position in KEMET during the second quarter worth $16,369,000. Finally, Deutsche Bank AG increased its position in KEMET by 213.1% during the third quarter. Deutsche Bank AG now owns 846,810 shares of the electronics maker’s stock worth $15,706,000 after buying an additional 576,337 shares during the last quarter. 79.72% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on KEM shares. ValuEngine downgraded shares of KEMET from a “hold” rating to a “sell” rating in a research note on Thursday, September 6th. Zacks Investment Research raised shares of KEMET from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, November 7th. Finally, Macquarie started coverage on shares of KEMET in a research note on Monday, October 8th. They issued an “outperform” rating on the 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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