Phibro Animal Health Corp (PAHC) Files Form 4 Insider Buying : E Thomas Corcoran Buys 5,000 Shares

Phibro Animal Health Corp (PAHC): E Thomas Corcoran , director of Phibro Animal Health Corp purchased 5,000 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.14 per share for a total value of $90,700.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 23, 2016, Gerald K Carlson (Chief Operating Officer) sold 8,000 shares at $28.09 per share price.On Feb 19, 2016, Jack Bendheim (President and CEO) sold 2,175 shares at $30.01 per share price.Also, On Feb 19, 2016, Co., Llc Bfi (10% owner) sold 2,175 shares at $30.01 per share price.On Feb 3, 2016, Larry Lee Miller (President) sold 60,000 shares at $33.58 per share price.

Phibro Animal Health Corp: On Friday, May 20, 2016 heightened volatility was witnessed in Phibro Animal Health Corp which led to swings in the share price. The shares opened for trading at $18.04 and hit $18.5 on the upside , eventually ending the session at $18.5, with a gain of 3.01% or 0.54 points. The heightened volatility saw the trading volume jump to 1,23,221 shares. The 52-week high of the share price is $40.54 and the company has a market cap of $342,620 M . The 52-week low of the share price is at $16.8.

Phibro Animal Health Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Phibro Animal Health Corp is Reiterated by Guggenheim to Buy while Lowering the Price Target of the company shares to $ 34 from a previous price target of $38 . The Rating was issued on Apr 11, 2016.

Phibro Animal Health Corporation is an animal health and mineral nutrition company. The Company is engaged in developing manufacturing and marketing products for a range of food animals including poultry swine beef and dairy cattle and aquaculture. The Company operates through three segments: Animal Health Mineral Nutrition and Performance Products. Its Animal Health segment develops manufactures and markets more than 550 product presentations including antibacterials nutritional specialty products and vaccines. Mineral Nutrition segment manufactures and markets more than 425 formulations and concentrations of trace minerals such as zinc manganese copper iron and other compounds with a focus on customers in North America. The Company’s Performance Products segment manufactures and markets specialty ingredients for use in the personal care automotive industrial chemical and chemical catalyst industries predominantly in the United States.

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