Dynamic Materials Corp. (BOOM) Insider Sells $78,303.00 in Stock
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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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.
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