KEMET Co. (NYSE:KEM) VP Shignori Oyama sold 22,500 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $17.71, for a total transaction of $398,475.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shignori Oyama also recently made the following trade(s):

  • On Thursday, May 30th, Shignori Oyama sold 3,102 shares of KEMET stock. The stock was sold at an average price of $16.88, for a total transaction of $52,361.76.

KEMET stock traded down $0.68 during mid-day trading on Thursday, reaching $17.52. The stock had a trading volume of 1,887,845 shares, compared to its average volume of 1,097,445. The firm has a market cap of $1.05 billion, a P/E ratio of 5.20 and a beta of 2.52. The company’s 50-day moving average price is $19.48. KEMET Co. has a one year low of $15.55 and a one year high of $26.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.49 and a quick ratio of 1.55.

KEMET (NYSE:KEM) last announced its quarterly earnings results on Thursday, August 1st. The electronics maker reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.11. The company had revenue of $345.20 million for the quarter, compared to analysts’ expectations of $343.72 million. KEMET had a net margin of 15.12% and a return on equity of 36.26%. KEMET’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.55 EPS. On average, analysts forecast that KEMET Co. will post 2.65 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, August 26th. Investors of record on Thursday, August 15th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Wednesday, August 14th. KEMET’s payout ratio is 5.93%.

Institutional investors have recently made changes to their positions in the stock. Centaurus Financial Inc. bought a new position in KEMET during the 1st quarter valued at about $42,000. Valeo Financial Advisors LLC bought a new position in shares of KEMET in the 1st quarter worth approximately $38,000. Nisa Investment Advisors LLC lifted its stake in shares of KEMET by 555.6% in the 1st quarter. Nisa Investment Advisors LLC now owns 2,360 shares of the electronics maker’s stock worth $40,000 after purchasing an additional 2,000 shares during the period. NEXT Financial Group Inc bought a new position in shares of KEMET in the 2nd quarter worth approximately $59,000. Finally, Truvestments Capital LLC bought a new position in shares of KEMET in the 2nd quarter worth approximately $73,000. Institutional investors own 80.39% of the company’s stock.

A number of research firms have recently weighed in on KEM. ValuEngine downgraded shares of KEMET from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Zacks Investment Research raised shares of KEMET from a “sell” rating to a “hold” rating in a research report on Friday, August 9th. Finally, B. Riley upped their target price on shares of KEMET from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd.

KEMET Company Profile

KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide. The company operates in three segments: Solid Capacitors, Film and Electrolytic; and Electro-Magnetic, Sensors, and Actuators. It offers tantalum, aluminum polymer, and ceramic capacitors; film, paper, and wet aluminum electrolytic capacitors; electromagnetic interference filters; and electro-magnetic compatible materials and devices, piezo materials and actuators, and various types of sensors.

Featured Story: What are the components of an earnings report?

Insider Buying and Selling by Quarter for KEMET (NYSE:KEM)

Receive News & Ratings for KEMET Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KEMET and related companies with MarketBeat.com's FREE daily email newsletter.