Dynamic Materials Corp. (NASDAQ:BOOM) insider Kevin T. Longe sold 3,642 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $21.50, for a total transaction of $78,303.00. Following the completion of the transaction, the insider now owns 225,089 shares in the company, valued at $4,839,413.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Dynamic Materials Corp. (BOOM) remained flat at $$21.15 during trading hours on Thursday. 36,200 shares of the stock were exchanged, compared to its average volume of 38,545. The company has a quick ratio of 1.80, a current ratio of 2.76 and a debt-to-equity ratio of 0.21. Dynamic Materials Corp. has a 1 year low of $11.60 and a 1 year high of $23.27.

Dynamic Materials Corp. (NASDAQ:BOOM) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.13. The company had revenue of $52.16 million for the quarter, compared to analyst estimates of $46.25 million. Dynamic Materials Corp. had a negative net margin of 10.69% and a negative return on equity of 1.20%. Dynamic Materials Corp.’s revenue was up 42.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.19) EPS. equities research analysts predict that Dynamic Materials Corp. will post 0.21 earnings per share for the current fiscal year.

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Several equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Dynamic Materials Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. ValuEngine upgraded shares of Dynamic Materials Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Roth Capital set a $22.00 target price on shares of Dynamic Materials Corp. and gave the company a “buy” rating in a report on Tuesday, October 24th.

Large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its holdings in Dynamic Materials Corp. by 0.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 358,862 shares of the industrial products company’s stock valued at $4,701,000 after purchasing an additional 1,830 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Dynamic Materials Corp. by 5.0% in the 1st quarter. Wells Fargo & Company MN now owns 12,449 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 595 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Dynamic Materials Corp. by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 583,360 shares of the industrial products company’s stock valued at $7,234,000 after purchasing an additional 13,420 shares during the last quarter. Hunter Associates Investment Management LLC raised its stake in shares of Dynamic Materials Corp. by 5.4% in the 2nd quarter. Hunter Associates Investment Management LLC now owns 337,834 shares of the industrial products company’s stock valued at $4,426,000 after acquiring an additional 17,247 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Dynamic Materials Corp. by 8.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 726,083 shares of the industrial products company’s stock valued at $9,512,000 after acquiring an additional 53,899 shares during the period. Institutional investors own 86.95% of the company’s stock.

Dynamic Materials Corp. Company Profile

DMC Global Inc, formerly Dynamic Materials Corporation, is a diversified technology company. The Company operates a family of technical product and process businesses serving the energy, industrial and infrastructure markets. The Company’s businesses operate through an international network of manufacturing, distribution and sales facilities.

Insider Buying and Selling by Quarter for Dynamic Materials Corp. (NASDAQ:BOOM)

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