What Did This CEO Just Do with Personal Shares of Innospec Inc (NASDAQ: IOSP)?

Today, the PRESIDENT & CEO of Innospec Inc (IOSPResearch Report), Patrick Williams, sold shares of IOSP for $1.2M.

In addition to Patrick Williams, 4 other IOSP executives reported Sell trades in the last month.

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Based on Innospec Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $395 million and quarterly net profit of $20.4 million. In comparison, last year the company earned revenue of $354 million and had a GAAP net loss of $4.8 million. IOSP’s market cap is $2.02B and the company has a P/E ratio of 23.90. Currently, Innospec Inc has an average volume of 2,529.

In the last 30 days, insiders have sold $3.19M worth of IOSP shares and purchased $591.6K worth of IOSP shares. The insider sentiment on Innospec Inc has been negative according to 20 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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Innospec, Inc. develops, manufactures, blends, markets and supplies fuel additives, oilfield chemicals, personal care, and other specialty chemicals. It operates through the following segments: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives.

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