John Edward Capps Acquires 46,000 Shares of Platform Specialty Products Corp (PAH) Stock

Platform Specialty Products Corp (NYSE:PAH) EVP John Edward Capps acquired 46,000 shares of the business’s stock in a transaction dated Monday, November 5th. The stock was purchased at an average cost of $10.93 per share, for a total transaction of $502,780.00. Following the transaction, the executive vice president now owns 46,333 shares in the company, valued at $506,419.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

John Edward Capps also recently made the following trade(s):

  • On Wednesday, August 15th, John Edward Capps bought 20,833 shares of Platform Specialty Products stock. The stock was bought at an average price of $12.05 per share, with a total value of $251,037.65.

Shares of NYSE PAH opened at $11.26 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.19 and a debt-to-equity ratio of 2.55. Platform Specialty Products Corp has a 12 month low of $9.09 and a 12 month high of $13.54. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 14.20 and a beta of 3.00.

Platform Specialty Products (NYSE:PAH) last announced its quarterly earnings data on Thursday, November 1st. The specialty chemicals company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. Platform Specialty Products had a negative net margin of 14.14% and a positive return on equity of 8.48%. The business had revenue of $488.50 million during the quarter, compared to analysts’ expectations of $500.69 million. During the same period in the previous year, the business posted $0.02 EPS. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. As a group, equities research analysts forecast that Platform Specialty Products Corp will post 0.28 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC acquired a new stake in Platform Specialty Products during the 1st quarter valued at approximately $108,000. NEXT Financial Group Inc acquired a new stake in Platform Specialty Products during the 3rd quarter valued at approximately $115,000. InterOcean Capital LLC acquired a new stake in Platform Specialty Products during the 2nd quarter valued at approximately $121,000. First National Bank of Omaha acquired a new stake in Platform Specialty Products during the 2nd quarter valued at approximately $139,000. Finally, Brown Advisory Inc. acquired a new stake in Platform Specialty Products during the 1st quarter valued at approximately $155,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

A number of research firms recently commented on PAH. ValuEngine cut shares of Platform Specialty Products from a “hold” rating to a “sell” rating in a research note on Thursday, October 11th. Goldman Sachs Group cut shares of Platform Specialty Products from a “buy” rating to a “neutral” rating in a research note on Monday, July 23rd. Zacks Investment Research upgraded shares of Platform Specialty Products from a “sell” rating to a “hold” rating in a research note on Wednesday, October 3rd. Finally, Citigroup cut shares of Platform Specialty Products from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $13.00 to $14.00 in a research note on Wednesday, September 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Platform Specialty Products presently has a consensus rating of “Hold” and an average price target of $12.80.

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Platform Specialty Products Company Profile

Platform Specialty Products Corporation produces and sells specialty chemical products worldwide. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers a range of specialty chemicals, such as surface and coating materials, functional conversion coatings, electronic assembly materials, water-based hydraulic control fluids, and photopolymers.

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Insider Buying and Selling by Quarter for Platform Specialty Products (NYSE:PAH)

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