Analyst Activity – Citigroup Inc Raises Its Price Target On Cabot Microelectronics (NASDAQ:CCMP) to

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Analyst Ratings For Cabot Microelectronics (NASDAQ:CCMP)

Today, Citigroup Inc raised its price target on Cabot Microelectronics (NASDAQ:CCMP) to per share.

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

The current consensus rating on Cabot Microelectronics (NASDAQ:CCMP) is Buy (Score: 2.50) with a consensus target price of $75.00 per share, a potential 1.69% upside.

Some recent analyst ratings include

  • 3/17/2017-Aegis Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 4/14/2015-BB&T Co. initiated coverage with a Buy rating.

Dividend information for Cabot Microelectronics (NASDAQ:CCMP)

Cabot Microelectronics (NASDAQ:CCMP) pays an annual dividend of $0.72 with a yield of 0.98%.

Dividend History for Cabot Microelectronics (NASDAQ:CCMP)

  • On 3/7/2017 Cabot Microelectronics announced a quarterly dividend of $0.20 1.16% with an ex dividend date of 3/21/2017 which will be payable on 4/28/2017.
  • On 12/8/2016 Cabot Microelectronics announced a quarterly dividend of $0.18 1.15% with an ex dividend date of 12/21/2016 which will be payable on 1/30/2017.
  • On 9/22/2016 Cabot Microelectronics announced a quarterly dividend of $0.18 1.37% with an ex dividend date of 9/29/2016 which will be payable on 10/28/2016.
  • On 6/6/2016 Cabot Microelectronics announced a quarterly dividend of $0.18 1.66% with an ex dividend date of 6/21/2016 which will be payable on 7/29/2016.
  • On 1/7/2016 Cabot Microelectronics announced a quarterly dividend of $0.18 with an ex dividend date of 3/15/2016 which will be payable on 4/15/2016.

Recent Insider Trading Activity For Cabot Microelectronics (NASDAQ:CCMP)
Cabot Microelectronics (NASDAQ:CCMP) has insider ownership of 5.50% and institutional ownership of 94.80%.

  • On 3/13/2017 Ananth Naman, VP, sold 49,131 with an average share price of $69.16 per share and the total transaction amounting to $3,397,899.96. View SEC Filing
  • On 3/10/2017 Bernstein H Carol Eckstein, VP, sold 20,700 with an average share price of $69.49 per share and the total transaction amounting to $1,438,443.00. View SEC Filing
  • On 2/24/2017 Lisa A Polezoes, VP, sold 12,600 with an average share price of $69.54 per share and the total transaction amounting to $876,204.00. View SEC Filing
  • On 2/21/2017 Thomas S Roman, Insider, sold 1,681 with an average share price of $69.94 per share and the total transaction amounting to $117,569.14. View SEC Filing
  • On 2/8/2017 William P Noglows, Director, sold 75,000 with an average share price of $67.25 per share and the total transaction amounting to $5,043,750.00. View SEC Filing
  • On 1/30/2017 Robert J Birgeneau, Director, sold 12,000 with an average share price of $67.49 per share and the total transaction amounting to $809,880.00. View SEC Filing
  • On 1/30/2017 William S Johnson, Insider, sold 18,932 with an average share price of $67.37 per share and the total transaction amounting to $1,275,448.84. View SEC Filing

About Cabot Microelectronics (NASDAQ:CCMP)
Cabot Microelectronics Corporation supplies polishing slurries and pads used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). The Company is engaged in the development, manufacture and sale of CMP consumables. The Company develops, produces and sells CMP slurries for polishing conducting and insulating materials used in IC devices, and also for polishing the disk substrates and magnetic heads used in hard disk drives. It also develops, manufactures and sells CMP polishing pads, which are used in conjunction with slurries in the CMP process. The Company also pursues other surface modification applications through its engineered surface finishes (ESF) business. The Company offers CMP polishing pads, under the Epic and NexPlanar brand names, for a range of applications and technology nodes.

Recent Trading Activity for Cabot Microelectronics (NASDAQ:CCMP)
Shares of Cabot Microelectronics closed the previous trading session at 73.75 up +0.24 0.33% with 158,568 shares trading hands.

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