Minerals Technologies Inc (MTX) Files Form 4 Insider Selling : Rick Honey Sells 6,811 Shares

Minerals Technologies Inc (MTX): Rick Honey , Vice President of Minerals Technologies Inc sold 6,811 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $55.80 per share for a total value of $360,636.69 , 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 16, 2016, Michael Cipolla (VICE PRESIDENT) sold 170 shares at $44.46 per share price.On Feb 11, 2016, Johannes C Schut (Vice President) sold 9,090 shares at $44.72 per share price.Also, On Nov 23, 2015, Douglas W Mayger (Senior Vice President) sold 703 shares at $60.54 per share price.On Sep 25, 2015, Duane Dunham (director) purchased 500 shares at $51.41 per share price.

Minerals Technologies Inc: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Minerals Technologies Inc which led to swings in the share price. The shares opened for trading at $53.54 and hit $55.42 on the upside , eventually ending the session at $55.37, with a gain of 5.41% or 2.84 points. The heightened volatility saw the trading volume jump to 2,16,878 shares. The 52-week high of the share price is $69.17 and the company has a market cap of $1,928 M . The 52-week low of the share price is at $35.89.

Minerals Technologies Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Minerals Technologies Inc is Downgraded by Wedbush to Neutral and the brokerage firm has set the Price Target at $62. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 12, 2016.

Minerals Technologies Inc. is a resource-based and technology-based company that develops produces and markets a range of specialty mineral mineral-based and synthetic mineral products and supporting systems and services. The Company operates through five segments: Specialty Minerals which produces and sells the synthetic mineral product precipitated calcium carbonate (PCC) and processed mineral product quicklime (lime); Refractories which produces and markets monolithic and shaped refractory materials and specialty products; Performance Materials which includes the supply of bentonite and bentonite-related products; Construction Technologies which provides products for non-residential construction environmental and infrastructure projects and Energy Services which offers a range of technologies products and services for all phases of oil and gas production refining and storage.

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