AdvanSix Inc (NYSE:ASIX) Director Michael Marberry acquired 1,905 shares of AdvanSix stock in a transaction that occurred on Friday, December 7th. The shares were purchased at an average price of $26.20 per share, for a total transaction of $49,911.00. Following the transaction, the director now directly owns 34,856 shares in the company, valued at $913,227.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Michael Marberry also recently made the following trade(s):

  • On Wednesday, November 7th, Michael Marberry acquired 1,806 shares of AdvanSix stock. The shares were purchased at an average price of $27.65 per share, for a total transaction of $49,935.90.
  • On Friday, October 5th, Michael Marberry acquired 1,477 shares of AdvanSix stock. The shares were purchased at an average price of $33.81 per share, for a total transaction of $49,937.37.
  • On Monday, September 10th, Michael Marberry acquired 1,434 shares of AdvanSix stock. The shares were purchased at an average price of $34.94 per share, for a total transaction of $50,103.96.

Shares of NYSE ASIX traded down $0.73 during trading on Friday, reaching $25.14. The company had a trading volume of 150,468 shares, compared to its average volume of 150,899. AdvanSix Inc has a 12 month low of $22.84 and a 12 month high of $44.44. The firm has a market capitalization of $771.00 million, a PE ratio of 8.38 and a beta of 1.68. The company has a current ratio of 1.17, a quick ratio of 0.70 and a debt-to-equity ratio of 0.47.

AdvanSix (NYSE:ASIX) last released its quarterly earnings results on Friday, November 2nd. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.09). AdvanSix had a net margin of 7.86% and a return on equity of 16.18%. The company had revenue of $368.65 million during the quarter, compared to the consensus estimate of $376.45 million. During the same quarter last year, the firm posted $0.68 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. As a group, analysts forecast that AdvanSix Inc will post 2.16 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Intrust Bank NA grew its position in shares of AdvanSix by 27.6% in the 2nd quarter. Intrust Bank NA now owns 7,714 shares of the company’s stock valued at $283,000 after buying an additional 1,667 shares during the last quarter. KBC Group NV grew its position in shares of AdvanSix by 3.4% in the 2nd quarter. KBC Group NV now owns 56,747 shares of the company’s stock valued at $2,078,000 after buying an additional 1,849 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of AdvanSix by 360.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,038 shares of the company’s stock valued at $103,000 after buying an additional 2,378 shares during the last quarter. IndexIQ Advisors LLC grew its position in shares of AdvanSix by 3.9% in the 3rd quarter. IndexIQ Advisors LLC now owns 65,361 shares of the company’s stock valued at $2,219,000 after buying an additional 2,469 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its position in shares of AdvanSix by 23.3% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 15,132 shares of the company’s stock valued at $514,000 after buying an additional 2,859 shares during the last quarter. Hedge funds and other institutional investors own 79.28% of the company’s stock.

ASIX has been the topic of a number of research reports. TheStreet upgraded AdvanSix from a “c” rating to a “b-” rating in a research report on Tuesday, September 18th. Zacks Investment Research upgraded AdvanSix from a “sell” rating to a “hold” rating in a research report on Thursday, August 30th. Cowen restated an “outperform” rating and set a $35.00 price objective (down previously from $40.00) on shares of AdvanSix in a research report on Friday, November 23rd. Finally, ValuEngine lowered AdvanSix from a “hold” rating to a “sell” rating in a research report on Friday, September 28th.

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AdvanSix Company Profile

AdvanSix Inc manufactures and sells polymer resins in the United States. 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, ammonium sulfate fertilizers, and acetone, 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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