Balchem Corp (BCPC): Matthew David Houston , General Counsel/Secretary of Balchem Corp sold 5,000 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $62.73 per share for a total value of $312,536.41 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Dino A Rossi (director) sold 16,400 shares at $63.15 per share price.On Nov 12, 2015, John Y Televantos (director) sold 6,435 shares at $64.41 per share price.Also, On Aug 11, 2015, David F Ludwig (VP/Gen Mgr/ARC Spec Prods) sold 15,000 shares at $61.59 per share price.On Jun 15, 2015, Frank Fitzpatrick (Vice President Administration) sold 14,935 shares at $61.20 per share price.
Balchem Corporation: On Monday, May 16, 2016 heightened volatility was witnessed in Balchem Corporation which led to swings in the share price. The shares opened for trading at $61.79 and hit $63.07 on the upside , eventually ending the session at $62.3, with a gain of 1.01% or 0.62 points. The heightened volatility saw the trading volume jump to 1,50,647 shares. The 52-week high of the share price is $70.91 and the company has a market cap of $1,967 M . The 52-week low of the share price is at $51.88.
Company has been under the radar of several Street Analysts.Balchem Corporation is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 8, 2016.
Balchem Corporation (Balchem) is engaged in the development manufacture distribution and marketing of specialty performance ingredients and products for the food nutritional feed pharmaceutical and medical sterilization industries. The Company operates in three segments: Specialty Products SensoryEffects and Animal Nutrition & Health (ANH). The Company sells its products through its own sales force independent distributors and sales agents. The Specialty Products segment offers Ethylene oxide canisters and propylene oxide. The SensoryEffects segment provides creamer systems dairy replacers powdered fats nutritional beverage bases beverages juice and dairy bases chocolate systems ice cream bases and variegates ready-to-eat cereals grain-based snacks and cereal-based ingredients. ANH segment provides basic choline chloride and microencapsulation and chelation technologies-based nutritional products.