Cabot Microelectronics Corp (CCMP) Files Form 4 Insider Selling : Lisa A Polezoes Sells 2,834 Shares

Cabot Microelectronics Corp (CCMP): Lisa A Polezoes , VP, Human Resources of Cabot Microelectronics Corp sold 2,834 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $43.27 per share for a total value of $122,626.61 , 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 10, 2016, Edward J Mooney (director) sold 8,819 shares at $38.24 per share price.On Dec 2, 2015, William S Johnson (Executive Vice President, CFO) sold 20,672 shares at $41.98 per share price.Also, On Nov 9, 2015, William P Noglows (Chairman, President & CEO) sold 67,086 shares at $43.06 per share price.On May 11, 2015, Lisa A Polezoes (VP, Human Resources) sold 2,173 shares at $46.51 per share price.

Shares of CABOT MICROELECTRONICS COM (CCMP) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.79% at $42.9 with 77,776 shares getting traded. Post opening the session at $43.34, the shares hit an intraday low of $42.86 and an intraday high of $43.4 and the price vacillated in this range throughout the day. The company has a market cap of $1,032 M and the number of outstanding shares has been calculated to be 2,40,47,010 shares. The 52-week high of CABOT MICROELECTRONICS COM is $49.24 and the 52-week low is $34.53.


On Jun 6, 2016, CABOT MICROELECTRONICS COM announced a cash dividend of $0.1800. The company’s management has announced Jun 21, 2016 as the ex-dividend date and fixed the record date on Jun 23, 2016. The payable date has been fixed on Jul 29, 2016.

Cabot Microelectronics Corporation is a supplier of polishing slurries and a growing polishing pad supplier used in the manufacture of advanced integrated circuit (IC) devices within the semiconductor industry in a process called chemical mechanical planarization (CMP). The Company is into the development manufacture and sale of CMP consumables products. It also develops produces and sells CMP slurries for polishing many of the conducting insulating and isolating materials used in IC devices and also for polishing the disk substrates and magnetic heads used in hard disk drives. The Company also develops manufactures and sells CMP polishing pads which are used in conjunction with slurries in the CMP process.

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