Analyst Activity – Canaccord Genuity Initiates Coverage On Aceto Corporation (NASDAQ:ACET) With a Buy

ME Staff
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Analyst Ratings For Aceto Corporation (NASDAQ:ACET)

Today, Canaccord Genuity initiated coverage on Aceto Corporation (NASDAQ:ACET) with a Buy with a price target of $19.00.

There are 2 hold ratings, 1 buy rating on the stock.

The current consensus rating on Aceto Corporation (NASDAQ:ACET) is Hold (Score: 2.33) with a consensus target price of $20.00 per share, a potential 28.70% upside.

Some recent analyst ratings include

  • 7/31/2017-Canaccord Genuity initiated coverage with a Buy rating.
  • 2/3/2017-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating.
  • 1/31/2017-First Analysis was Downgraded by analysts at First Analysis from a “Overweight ” rating to a ” Equal Weight” rating.

Dividend information for Aceto Corporation (NASDAQ:ACET)

Aceto Corporation (NASDAQ:ACET) pays an annual dividend of Community Ranking: with a yield of 1.67%.

Dividend History for Aceto Corporation (NASDAQ:ACET)

  • On 5/4/2017 Aceto Corporation announced a quarterly dividend of $0.07 1.82% with an ex dividend date of 6/7/2017 which will be payable on 6/23/2017.
  • On 2/2/2017 Aceto Corporation announced a quarterly dividend of $0.07 1.66% with an ex dividend date of 3/8/2017 which will be payable on 3/24/2017.
  • On 12/1/2016 Aceto Corporation announced a quarterly dividend of $0.07 1.3% with an ex dividend date of 12/8/2016 which will be payable on 12/22/2016.
  • On 8/25/2016 Aceto Corporation announced a quarterly dividend of $0.07 1.29% with an ex dividend date of 9/7/2016 which will be payable on 9/20/2016.
  • On 5/5/2016 Aceto Corporation announced a quarterly dividend of $0.06 1.04% with an ex dividend date of 6/7/2016 which will be payable on 6/24/2016.
  • On 2/4/2016 Aceto Corporation announced a quarterly dividend of $0.06 1.18% with an ex dividend date of 3/9/2016 which will be payable on 3/25/2016.
  • On 12/3/2015 Aceto Corporation announced a quarterly dividend of $0.06 0.88% with an ex dividend date of 12/15/2015 which will be payable on 12/28/2015.

Recent Insider Trading Activity For Aceto Corporation (NASDAQ:ACET)
Aceto Corporation (NASDAQ:ACET) has insider ownership of 4.10% and institutional ownership of 81.25%.

  • On 7/6/2017 Albert L Eilender, Chairman, sold 6,500 with an average share price of $15.21 per share and the total transaction amounting to $98,865.00. View SEC Filing
  • On 7/6/2017 Frank Debenedittis, Insider, sold 2,089 with an average share price of $15.28 per share and the total transaction amounting to $31,919.92. View SEC Filing
  • On 7/6/2017 Salvatore J Sr Guccione Sr, CEO, sold 7,421 with an average share price of $15.21 per share and the total transaction amounting to $112,873.41. View SEC Filing
  • On 7/5/2017 Charles John Alaimo, Insider, sold 2,612 with an average share price of $15.48 per share and the total transaction amounting to $40,433.76. View SEC Filing
  • On 7/5/2017 Douglas A Roth, CFO, sold 5,075 with an average share price of $15.47 per share and the total transaction amounting to $78,510.25. View SEC Filing
  • On 7/5/2017 Steven Rogers, SVP, sold 2,285 with an average share price of $15.45 per share and the total transaction amounting to $35,303.25. View SEC Filing
  • On 3/9/2017 Frank Debenedittis, Insider, sold 3,600 with an average share price of $14.94 per share and the total transaction amounting to $53,784.00. View SEC Filing

Recent Trading Activity for Aceto Corporation (NASDAQ:ACET)
Shares of Aceto Corporation closed the previous trading session at 16.72 up +1.18 7.59% with 133,282 shares trading hands.