Mativ Holdings, Inc. (NYSE:MATV) Director Buys $42,110.88 in Stock

Mativ Holdings, Inc. (NYSE:MATVGet Rating) Director Jeffrey Keenan purchased 2,114 shares of Mativ stock in a transaction dated Tuesday, November 22nd. The stock was bought at an average cost of $19.92 per share, with a total value of $42,110.88. Following the completion of the transaction, the director now owns 260,225 shares in the company, valued at approximately $5,183,682. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Jeffrey Keenan also recently made the following trade(s):

  • On Friday, November 18th, Jeffrey Keenan bought 3,000 shares of Mativ stock. The stock was bought at an average price of $19.27 per share, for a total transaction of $57,810.00.
  • On Wednesday, November 16th, Jeffrey Keenan purchased 1,911 shares of Mativ stock. The shares were purchased at an average cost of $19.05 per share, with a total value of $36,404.55.
  • On Friday, September 16th, Jeffrey Keenan acquired 12,556 shares of Mativ stock. The stock was purchased at an average cost of $23.89 per share, for a total transaction of $299,962.84.
  • On Wednesday, September 14th, Jeffrey Keenan acquired 9,192 shares of Mativ stock. The shares were purchased at an average price of $24.55 per share, with a total value of $225,663.60.
  • On Monday, September 12th, Jeffrey Keenan purchased 10,600 shares of Mativ stock. The stock was purchased at an average cost of $25.77 per share, for a total transaction of $273,162.00.
  • On Friday, September 9th, Jeffrey Keenan purchased 6,000 shares of Mativ stock. The shares were acquired at an average cost of $25.03 per share, for a total transaction of $150,180.00.
  • On Wednesday, September 7th, Jeffrey Keenan acquired 4,032 shares of Mativ stock. The stock was acquired at an average cost of $23.71 per share, with a total value of $95,598.72.

Mativ Stock Performance

NYSE:MATV traded up $0.83 during mid-day trading on Thursday, hitting $20.62. 344,849 shares of the company’s stock traded hands, compared to its average volume of 435,367. The stock has a fifty day moving average of $22.77. The company has a quick ratio of 1.32, a current ratio of 2.42 and a debt-to-equity ratio of 1.61. Mativ Holdings, Inc. has a twelve month low of $18.29 and a twelve month high of $32.37. The company has a market cap of $1.13 billion, a P/E ratio of 12.42 and a beta of 0.83.

Mativ (NYSE:MATVGet Rating) last issued its quarterly earnings results on Wednesday, November 9th. The company reported $0.74 earnings per share for the quarter. The business had revenue of $674.10 million for the quarter. Mativ had a return on equity of 13.43% and a net margin of 2.33%.

Mativ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Friday, November 25th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, November 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 7.76%. Mativ’s payout ratio is 96.39%.

About Mativ

(Get Rating)

Mativ Holdings, Inc operates as a performance materials company. The company operates through two segments, Advanced Materials & Structures (AMS), and Engineered Papers (EP). The AMS segment manufactures resin-based rolled goods, such as nets, films and meltblown materials, bonding products, and adhesive components, as well as adhesives and other coating solutions, and converting services.

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Insider Buying and Selling by Quarter for Mativ (NYSE:MATV)

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