Chase Co. (CCF) Insider Sells $200,380.00 in Stock

Chase Co. (NYSEAMERICAN:CCF) insider Peter R. Chase sold 2,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $100.19, for a total transaction of $200,380.00. Following the transaction, the insider now owns 96,605 shares of the company’s stock, valued at $9,678,854.95. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of CCF stock traded up $1.17 during mid-day trading on Friday, reaching $101.70. The company’s stock had a trading volume of 2,936 shares, compared to its average volume of 24,499. Chase Co. has a 1-year low of $80.51 and a 1-year high of $131.70.

Chase (NYSEAMERICAN:CCF) last announced its quarterly earnings data on Tuesday, April 9th. The construction company reported $0.77 earnings per share (EPS) for the quarter. The business had revenue of $66.63 million during the quarter.

Several hedge funds have recently made changes to their positions in the company. Zebra Capital Management LLC raised its stake in shares of Chase by 13.8% in the 1st quarter. Zebra Capital Management LLC now owns 4,446 shares of the construction company’s stock valued at $411,000 after buying an additional 539 shares in the last quarter. Morgan Stanley raised its stake in shares of Chase by 5.0% in the 1st quarter. Morgan Stanley now owns 13,747 shares of the construction company’s stock valued at $1,272,000 after buying an additional 659 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Chase by 4.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 53,326 shares of the construction company’s stock valued at $4,935,000 after buying an additional 2,179 shares in the last quarter. Oxford Asset Management LLP acquired a new position in shares of Chase in the 1st quarter valued at $466,000. Finally, Cresset Asset Management LLC acquired a new position in shares of Chase in the 1st quarter valued at $126,000.

Separately, TheStreet cut shares of Chase from a “b” rating to a “c+” rating in a research note on Thursday, April 11th.

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Chase Company Profile

Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for use in communication and local area network cables; moisture protective coatings for the electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and superabsorbent polymers.

Further Reading: What is the return on assets (ROA) ratio?

Insider Buying and Selling by Quarter for Chase (NYSEAMERICAN:CCF)

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