The VP & CHIEF HUMAN RESOURCES OFF of Commercial Metals Company (NYSE: CMC) is Selling Shares

By Carrie Williams

Today, the VP & CHIEF HUMAN RESOURCES OFF of Commercial Metals Company (NYSE: CMC), Terry Hatten, sold shares of CMC for $86.22K.

In addition to Terry Hatten, 10 other CMC executives reported Sell trades in the last month. Following Terry Hatten’s last CMC Sell transaction on October 28, 2016, the stock climbed by 5.4%.

The company has a one year high of $21.82 and a one year low of $12.44. CMC’s market cap is $2.38B and the company has a P/E ratio of 44.36. Currently, Commercial Metals Company has an average volume of 2.97M.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $19.00, reflecting a 10.9% upside.

The insider sentiment on Commercial Metals Company has been neutral according to 85 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Commercial Metals Co. manufactures, recycles, markets steel and metal products, and related materials and services. The company is organized in five business segments: Americas Recycling, Americas Mills, Americas Fabrication, International Mill and International Marketing and Distribution. The Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment includes the Company’s domestic steel mills, including the scrap processing facilities that directly support these mills, and the domestic copper tube minimill. The Americas Fabrication segment consists of the Company’s rebar fabrication operations, fence post manufacturing plants and construction-related and other products facilities. The International Mill segment includes the minimill and recycling operations in Poland and fabrication operations. The International Marketing and Distribution segment includes international operations for the sales, distribution and processing of steel products, ferrous and nonferrous metals and other industrial products. Commercial Metals was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.