Cabot Corp (CBT) Files Form 4 Insider Selling : James Patrick Kelly Sells 2,500 Shares

Cabot Corp (CBT): James Patrick Kelly , Vice President and Controller of Cabot Corp sold 2,500 shares on Jul 12, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $48.95 per share for a total value of $122,375.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Patrick M. Prevost (director) sold 60,000 shares at $46.30 per share price.On Mar 7, 2016, James Patrick Kelly (Vice President and Controller) sold 12,225 shares at $47.05 per share price.Also, On Feb 26, 2015, Ronaldo H Schmitz (director) sold 5,000 shares at $46.85 per share price.On Feb 10, 2015, Lydia W Thomas (director) sold 4,496 shares at $46.16 per share price.

Cabot Corp: On Wednesday, Jul 13, 2016 heightened volatility was witnessed in Cabot Corp which led to swings in the share price. The shares opened for trading at $48.76 and hit $49.41 on the upside , eventually ending the session at $48.93, with a gain of 0.51% or 0.25 points. The heightened volatility saw the trading volume jump to 1,99,717 shares. The 52-week high of the share price is $50.68 and the company has a market cap of $3,053 M . The 52-week low of the share price is at $30.7.

Cabot Corp Money Flow Index Chart

On Jul 8, 2016, Cabot Corp announced a cash dividend of $0.3000. The company’s management has announced Aug 24, 2016 as the ex-dividend date and fixed the record date on Aug 26, 2016. The payable date has been fixed on Sep 9, 2016.

Cabot Corporation (Cabot) is a global specialty chemicals and performance materials company. The Company’s principal products are rubber and specialty grade carbon blacks fumed metal oxides activated carbon inkjet colorants aerogel and cesium formate drilling fluids. The Company operates through four segments: Reinforcement Materials Performance Chemicals Purification Solutions and Specialty Fluids. The Reinforcement Materials segment includes rubber blacks products which are used in tires and industrial products. The Company’s Performance Chemicals consists of two businesses: Specialty Carbons and Formulations business and Metal Oxides business. The Purification Solutions segment includes activated carbon products which are used as either a colorant or a decolorizing agent in the production of products for food and beverage applications. The Company’s Specialty Fluids segment produces and markets cesium formate as a drilling and completion fluid.

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