The SVP & COO of Chemours Company (NYSE: CC) is Buying Shares

By Carrie Williams

Yesterday, the SVP & COO of Chemours Company (CCResearch Report), Mark Newman, bought shares of CC for $328.2K.

Following this transaction Mark Newman’s holding in the company was increased by 20.67% to a total of $1.91 million.

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The company has a one-year high of $42.13 and a one-year low of $11.71. CC’s market cap is $2.67B and the company has a P/E ratio of 4.75.

Three different firms, including BMO Capital and SunTrust Robinson, currently also have a Buy rating on the stock.

The insider sentiment on Chemours Company has been positive according to 38 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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The Chemours Co. is a holding company, which engages in the provision of performance chemicals. It operates through the following segments: Titanium Technologies, Fluoroproducts, Chemical Solutions, and Corporate and Other. The Titanium Technologies segment produces titanium dioxide.