Chemtura Corp (CHMT) Files Form 4 Insider Selling : Billie S. Flaherty Sells 3,993 Shares

Chemtura Corp (CHMT): Billie S. Flaherty , EVP, Gnrl. Counsel & Secretary of Chemtura Corp sold 3,993 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $26.91 per share for a total value of $107,217.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Laurence Michael Orton (VP, Corporate Controller) sold 2,000 shares at $27.00 per share price.On Mar 1, 2016, Billie S. Flaherty (EVP, Gnrl. Counsel & Secretary) sold 3,993 shares at $25.43 per share price.Also, On Nov 4, 2015, Craig A Rogerson (President and CEO) sold 231,614 shares at $31.99 per share price.On Nov 4, 2015, Dalip Puri (VP and Treasurer) sold 3,000 shares at $31.87 per share price.

Shares of Chemtura Corp (CHMT) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.4 points or -1.50% at $26.2 with 3,43,796 shares getting traded. Post opening the session at $26.34, the shares hit an intraday low of $26.11 and an intraday high of $26.67 and the price vacillated in this range throughout the day. The company has a market cap of $1,676 M and the number of outstanding shares has been calculated to be 6,39,60,031 shares. The 52-week high of Chemtura Corp is $32.34 and the 52-week low is $23.5.

Chemtura Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Chemtura Corp is Upgraded by BB&T Capital Mkts to Buy and the brokerage firm has set the Price Target at $37. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 26, 2016.Chemtura Corp is Upgraded by KeyBanc Capital Mkts to Overweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Apr 5, 2016.

Chemtura Corporation (Chemtura) is a global developer manufacturer and marketer of engineered industrial specialty chemicals. The Company’s products are sold to industrial manufacturing customers for use as additives ingredients or intermediates that add value to their end products. The Company operates in two segments: Industrial Performance Products and Industrial Engineered Products. Its Industrial Performance Products segment is a global manufacturer and marketer of lubricant additive components synthetic lubricant base-stocks synthetic finished fluids calcium sulfonate specialty greases and phosphate and polyester-based fluids and also engaged in the development and production of hot cast elastomer pre-polymers. Its Industrial Engineered Products segment is a global developer and manufacturer of bromine and bromine-based products and organometallic compounds. Its operations are located in North America Latin America Europe and Asia.

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