Polyone Corp (POL) Files Form 4 Insider Selling : William Howard Powell Sells 5,881 Shares

Polyone Corp (POL): William Howard Powell , director of Polyone Corp sold 5,881 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $36.70 per share for a total value of $215,816.83 , 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 4, 2016, William R Jellison (director) purchased 4,000 shares at $24.84 per share price.On Dec 4, 2015, Stephen D Newlin (Executive Chairman) sold 43,493 shares at $34.40 per share price.Also, On Aug 10, 2015, Kerry J Preete (director) purchased 2,943 shares at $34.05 per share price.On Jul 30, 2015, M. John Jr. Midea (SVP, Glbl Ops & Process Imprv) purchased 450 shares at $33.41 per share price.

PolyOne Corporation: On Wednesday, May 25, 2016 heightened volatility was witnessed in PolyOne Corporation which led to swings in the share price. The shares opened for trading at $37.35 and hit $37.59 on the upside , eventually ending the session at $37.51, with a gain of 1.05% or 0.39 points. The heightened volatility saw the trading volume jump to 4,43,804 shares. The 52-week high of the share price is $40.44 and the company has a market cap of $3,152 M . The 52-week low of the share price is at $22.35.

PolyOne Corporation Money Flow Index Chart

On May 12, 2016, PolyOne Corporation announced a cash dividend of $0.1200. The company’s management has announced Jun 15, 2016 as the ex-dividend date and fixed the record date on Jun 17, 2016. The payable date has been fixed on Jul 8, 2016.

Company has been under the radar of several Street Analysts.PolyOne Corporation is Upgraded by Seaport Global Securities to Buy and the brokerage firm has raised the Price Target to $ 41 from a previous price target of $37 .Earlier the firm had a rating of Accumulate on the company shares. The Rating was issued on Apr 27, 2016.PolyOne Corporation is Upgraded by Seaport Global Securities to Accumulate and the brokerage firm has raised the Price Target to $ 37 from a previous price target of $29 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 18, 2016.

PolyOne Corporation (PolyOne) is a provider of polymer materials services and solutions. The Company offers specialty polymer formulations color and additive systems plastic sheet and packaging solutions and polymer distribution. The Company operates in five segments: Global Color Additives and Inks; which provides color and additive concentrates; Global Specialty Engineered Materials which offers polymer formulations services and solutions; Designed Structures and Solutions which provides solutions for engineered polymer structures rigid barrier packaging and specialty cast acrylics; Performance Products and Solutions segment consists of the Geon Performance Materials (Geon) and Producer Services business units and PolyOne Distribution segment distributes engineering and commodity grade resins. It offers ColorMatrix fiber colorant solutions which provides late-stage color injection in fiber applications utilizing liquid solutions.

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PolyOne Corporation - Is it time to Sell?

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