Materion Co. (NYSE:MTRN – Get Free Report) CFO Shelly Marie Chadwick sold 805 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $101.24, for a total value of $81,498.20. Following the transaction, the chief financial officer now owns 14,632 shares of the company’s stock, valued at approximately $1,481,343.68. This trade represents a 5.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shelly Marie Chadwick also recently made the following trade(s):
- On Friday, November 29th, Shelly Marie Chadwick sold 1,000 shares of Materion stock. The stock was sold at an average price of $115.92, for a total transaction of $115,920.00.
Materion Stock Performance
NYSE MTRN opened at $99.70 on Wednesday. The company’s fifty day moving average is $103.69 and its two-hundred day moving average is $108.07. Materion Co. has a 52-week low of $93.20 and a 52-week high of $145.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.15 and a quick ratio of 1.26. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 28.08 and a beta of 1.23.
Materion Announces Dividend
Hedge Funds Weigh In On Materion
Large investors have recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of Materion by 6.2% during the second quarter. Bank of Montreal Can now owns 4,831 shares of the basic materials company’s stock valued at $524,000 after purchasing an additional 281 shares during the period. Squarepoint Ops LLC bought a new stake in Materion in the 2nd quarter valued at $416,000. The Manufacturers Life Insurance Company raised its stake in shares of Materion by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,305 shares of the basic materials company’s stock valued at $1,222,000 after buying an additional 495 shares in the last quarter. Algert Global LLC bought a new position in shares of Materion during the 2nd quarter worth about $225,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Materion during the 3rd quarter valued at about $795,000. Institutional investors and hedge funds own 93.56% of the company’s stock.
Materion Company Profile
Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.
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