KEMET Co. (NYSE:KEM) CFO William M. Lowe, Jr. sold 24,700 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $16.93, for a total value of $418,171.00. Following the completion of the sale, the chief financial officer now owns 461,570 shares of the company’s stock, valued at $7,814,380.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of KEMET Co. (NYSE:KEM) traded up $0.85 during mid-day trading on Tuesday, hitting $18.22. The stock had a trading volume of 2,638,061 shares, compared to its average volume of 2,191,242. KEMET Co. has a one year low of $7.58 and a one year high of $27.35. The firm has a market capitalization of $1,030.00, a price-to-earnings ratio of 3.71 and a beta of 3.63. The company has a current ratio of 2.49, a quick ratio of 1.74 and a debt-to-equity ratio of 0.70.

KEMET (NYSE:KEM) last issued its earnings results on Thursday, February 1st. The electronics maker reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.16. The business had revenue of $306.40 million during the quarter, compared to analyst estimates of $295.68 million. KEMET had a return on equity of 22.51% and a net margin of 28.33%. KEMET’s revenue was up 63.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 earnings per share. equities analysts expect that KEMET Co. will post 1.45 EPS for the current fiscal year.

KEM has been the subject of a number of research analyst reports. B. Riley reiterated a “buy” rating and set a $27.50 price target on shares of KEMET in a report on Tuesday, October 31st. Zacks Investment Research lowered KEMET from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. TheStreet lowered KEMET from a “b” rating to a “c” rating in a report on Thursday, November 2nd. Finally, ValuEngine lowered KEMET from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.58.

Several hedge funds and other institutional investors have recently modified their holdings of KEM. State of Tennessee Treasury Department acquired a new position in shares of KEMET in the third quarter valued at $108,000. Denali Advisors LLC acquired a new position in shares of KEMET in the third quarter valued at $122,000. JPMorgan Chase & Co. acquired a new position in shares of KEMET in the second quarter valued at $125,000. UBS Asset Management Americas Inc. acquired a new position in shares of KEMET in the second quarter valued at $143,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of KEMET in the fourth quarter valued at $146,000. Institutional investors and hedge funds own 69.01% of the company’s stock.

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About KEMET

KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors.

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

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