KEMET Co. (NYSE:KEM) CFO William M. Lowe, Jr. sold 24,700 shares of KEMET stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $16.93, for a total transaction of $418,171.00. Following the sale, the chief financial officer now directly owns 461,570 shares in the company, valued at approximately $7,814,380.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of KEMET Co. (KEM) opened at $17.02 on Friday. The firm has a market cap of $1,051.16, a PE ratio of 13.76 and a beta of 3.63. KEMET Co. has a 1 year low of $7.73 and a 1 year high of $27.35. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.49 and a quick ratio of 1.74.

KEMET (NYSE:KEM) last released its earnings results on Thursday, February 1st. The electronics maker reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.16. The company had revenue of $306.40 million during the quarter, compared to the consensus estimate of $295.68 million. KEMET had a net margin of 28.33% and a return on equity of 22.51%. The company’s revenue was up 63.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.11 EPS. equities research analysts forecast that KEMET Co. will post 1.62 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Tennessee Treasury Department bought a new stake in shares of KEMET in the 3rd quarter worth about $108,000. Denali Advisors LLC acquired a new position in shares of KEMET in the 3rd quarter valued at about $122,000. JPMorgan Chase & Co. acquired a new position in shares of KEMET in the 2nd quarter valued at about $125,000. UBS Asset Management Americas Inc. acquired a new position in shares of KEMET in the 2nd quarter valued at about $143,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of KEMET in the 4th quarter valued at about $146,000. 69.01% of the stock is owned by institutional investors.

Several equities research analysts have recently weighed in on KEM shares. B. Riley reissued a “buy” rating and issued a $27.50 target price on shares of KEMET in a research report on Tuesday, October 31st. TheStreet downgraded shares of KEMET from a “b” rating to a “c” rating in a research report on Thursday, November 2nd. Zacks Investment Research downgraded shares of KEMET from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Finally, ValuEngine downgraded shares of KEMET from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. KEMET currently has an average rating of “Buy” and a consensus target price of $19.58.

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KEMET Company Profile

KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors.

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

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