Insider Trading in Focus: Oil-Dri Corporation Of America $ODC

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Oil-Dri Corporation Of America (NYSE:ODC) insider have most recently took part in a trading activity. On Jun 13, 2017 Selig Allan H, Director bought 1,000 shares having total worth of $40,380 at the price of $40.38 per share, following the transaction a total of 29,500 shares owned by Selig Allan H. Before this latest buy, Selig Allan H purchased ODC at 3 other times during the past twelve months, for a total investment of $143,080 at an average of $35.4 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 3 times by insiders. an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 19.21%
12 Month 3 0 10.53%

Shares of Oil-Dri Corporation Of America (NYSE:ODC) traded up 0.42% on Jun 13, 2017, hitting $40.71. 6,256 shares of the company’s stock traded hands. Oil-Dri Corporation Of America has a 52 week low of $30.05 and a 52 week high of $41.13. The company’s market cap is $282 million.

Oil-Dri Corporation Of America (NYSE:ODC) last announced its earnings results on Jun 7, 2017. The company reported 0.44 earnings per share (EPS) for the quarter. The company had revenue of $65 million for the quarter During the same quarter in the previous year, the company posted 0.13 earnings per share. The company’s revenue for the quarter was up 1% on a year-over-year basis.

2017-06-07 2017-03-10 2016-12-08 2016-03-09 2015-12-04 2015-10-09 2015-06-08 2014-12-05 2014-10-10 2014-06-06
earnings per share 0.44 0.58 0.28 0.53 0.75 0.71 0.19 0.30 0.07 0.10
Revenue(M) 64.75 65.17 66.61 65.37 67.8 65.52 65.2 0.07 66 67.42

Oil-Dri Corporation of America was incorporated in Delaware in 1969. The Company is engaged in developing, manufacturing and marketing sorbent products. Its sorbent products are mainly produced from clay minerals, mainly consisting of montmorillonite and attapulgite and, to a lesser extent, other clay-like sorbent materials, such as Antelope shale, which it refer to collectively as its ‘clay’ or its ‘minerals’. Its sorbent technologies include absorbent and adsorbent products. Absorbents, like sponges, draw liquids up into their many pores. Examples of its absorbent clay products are Cat’s Pride and Jonny Cat branded premium cat litter, as well as other private label cat litters. It also produces Oil-Dri branded floor absorbents, Agsorb and Verge agricultural chemical carriers and ConditionAde, Calibrin and Pel-Unite animal feed binders. Adsorbent products attract impurities in liquids, such as metals and surfactants, and form low-level chemical bonds. Examples of its adsorbent products are Oil-Dri synthetic sorbents, which are used for industrial cleanup, and Pure-Flo, Perform and Select bleaching clay products, which act as a filtration media for edible oils, fats and tallows. Also, its Ultra-Clear product serves as a clarification aid for petroleum-based oils and by-products. It mines its clay on leased or owned land near its manufacturing facilities in Mississippi, Georgia, Illinois and California; it also has reserves in Nevada, Oregon and Tennessee. It has conducted mining operations in Ripley, Mississippi since 1963, in Ochlocknee, Georgia since 1968, in Blue Mountain, Mississippi since 1989, in Mounds, Illinois since 1998 and in Taft, California since 2002. Its clay is surface mined on a year-round basis, generally using large earth moving scrapers, bulldozers, excavators or off-road trucks to remove overburden (non-usable material), and then loaded into dump trucks with backhoes or front end loaders for movement to the processing facilities. The mining and hauling of its clay is performed by it and by independent contractors. Its current operating mines range in distance from immediately adjacent to approximately 13 miles from the related processing plants. It uses natural gas, recycled oil and coal as permitted for energy sitsces in the processing of its clay products. Its mining and manufacturing operations and facilities in Georgia, Mississippi, California and Illinois are required to comply with state surface mining and wetland statutes. These domestic locations and the Company’s Canadian operations are subject to various federal, state and local statutes, regulations and ordinances which govern the discharge of materials, water and waste into the environment or otherwise regulate its operations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.