Insider Trading Watch List: Mercer International Inc. $MERC

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Mercer International Inc. (MERC) insider have most recently took part in a trading activity. On Dec 4, 2017 Kellogg Peter R, 10% Owner bought 3,500 shares having total worth of $47,250 at the price of $13.5 per share, following the transaction a total of 22,862,243 shares owned by Kellogg Peter R. Before this latest buy, Kellogg Peter R purchased MERC at 18 other times during the past twelve months, for a total investment of $376.76M at an average of $11.55 per share.

The stock has experienced a total of 13 insider trades in the past three months. These trades include 12 sell activities and 1 buy trades. Furthermore, over the past 12 months , the stock was traded 37 times by insiders. In 19 of these trades, the insider was a seller while an employee of the company was the buyer in 18 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 12 12.13%
12 Month 18 19 74.03%

Shares of Mercer International Inc. (MERC) traded down 1.11% on Dec 5, 2017, hitting $13.4. 194,769 shares of the company’s stock traded hands. Mercer International Inc. has a 52 week low of $7.68 and a 52 week high of $15. The company’s market cap is $538 million.

Mercer International Inc. (MERC) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.33 by $0.33., compared to the consensus estimate of $287 million. During the same quarter in the previous year, the company posted 0.18 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-07-27 2017-04-27 2017-02-09 2016-10-27 2016-07-28 2016-04-28 2016-02-11 2015-10-29 2015-07-30
earnings per share 0.00 -0.03 0.31 0.28 0.18 -0.07 0.14 0.33 0.37 0.25
Revenue(M) 0 283.18 242.78 221.69 237.94 218.15 253.84 237.83 270.89 266.94

Mercer International, Inc is a Washington corporation. The Company operates in the pulp business and is the producer of market northern bleached softwood kraft, or ‘NBSK’, pulp in the world. It is the sole kraft pulp producer, and the only producer of pulp for resale, known as ‘market pulp’, in Germany, which is the pulp import market in Europe. Its operations are located in Eastern Germany and Western Canada. Pulp is used in the production of paper, tissues and paper related products. Kraft pulp is produced through a sulphate chemical process in which lignin, the component of wood which binds individual fibers, is dissolved in a chemical reaction. Chemically prepared pulp allows the wood’s fiber to retain its length and flexibility, resulting in stronger paper products. Most uses of market kraft pulp, including fine printing papers, coated and uncoated magazine papers and various tissue products, utilize a mix of softwood and hardwood grades to optimize production and product qualities. NBSK pulp, which is a bleached kraft pulp manufactured using species of northern softwood, is considered a premium grade because of its strength. Kraft pulp could be made in different grades, with varying technical specifications, for different end uses. The Company manufactures and sells NBSK pulp produced from wood chips and pulp logs. The kraft pulp produced at the Rosenthal mill is a long-fibered softwood pulp produced by a sulphate cooking process and manufactured primarily from wood chips and pulp logs. The Company’s main raw material is fiber in the form of wood chips and pulp logs. Pulp markets are highly competitive. Producers ranging from small independent manufacturers to integrated companies produce pulp worldwide. The Company’s key NBSK pulp competitors are principally located in Northern Europe and Canada. The Company’s operations are subject to a range of environmental laws and regulations, dealing mainly with water, air and land pollution control.

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.