What Did This CEO Just Do with Personal Shares of Kemet Corp (NYSE: KEM)?

By Carrie Williams

Today, the CEO of Kemet Corp (NYSE: KEM), Per Olof Loof, sold shares of KEM for $96.57K.

Following Per Olof Loof’s last KEM Sell transaction on May 22, 2017, the stock climbed by 4.2%.

Based on Kemet Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $306 million and quarterly net profit of $18.64 million. In comparison, last year the company earned revenue of $188 million and had a net profit of $12.28 million. The company has a one-year high of $27.35 and a one-year low of $7.95. KEM’s market cap is $972.9M and the company has a P/E ratio of 3.25.

The insider sentiment on Kemet Corp has been negative according to 91 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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KEMET Corp. manufactures capacitors. The company’s product offerings include tantalum, multilayer ceramic, solid and electrolytic aluminum and film and paper capacitors. It manufactures a broad line of capacitors in many different sizes and configurations using a variety of raw materials.