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Cabot Microelectronics Corporation (CCMP) Position Decreased by Russell Investments Group Ltd.

Cabot Microelectronics Corporation (CCMP) Position Decreased by Russell Investments Group Ltd.”

With 120,300 avg volume, 32 days are for Jakks Pacific Incorporated (NASDAQ:JAKK)'s short sellers to cover JAKK's short positions. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable.

About 31,551 shares traded. It has outperformed by 3.74% the S&P500. $0.80 is the ADY. Cabot Microelectronics Corporation's current price of $74.77 translates into 0.27% yield. Jun 6, 2017 is the announcement. The stock rose 1.05% or $0.78 reaching $75.55.

Fuller & Thaler Asset Management Inc decreased Cabot Microelectronics Corp (CCMP) stake by 8.55% reported in 2016Q4 SEC filing.

Cabot Microelectronics Corporation supplies polishing slurries and pads used in the manufacture of integrated circuit devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). The company has a market cap of $1.87 billion, a P/E ratio of 23.37 and a beta of 1.40. The Company is engaged in the development, manufacture and sale of CMP consumables. The Firm 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.

The stock decreased 0.51% or $0.01 on June 16, reaching $1.96.

According to the the latest analyst ratings which have been released, 0 brokers have issued a rating of "buy", 1 brokers "outperform", 3 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". It dropped, as 8 investors sold Cabot Microelectronics Corporation shares while 63 reduced holdings. Fifth Third Bancorp holds 0% of its portfolio in Cabot Microelectronics Corporation (NASDAQ:CCMP) for 1,137 shares. New York State Common Retirement Fund holds 239,149 shares or 0.02% of its portfolio. 138,150 are owned by Ameriprise Financial.

02/14/2014 - Cabot Microelectronics Corporation was downgraded to "hold" by analysts at Jefferson Research. Plante Moran Advisors Ltd Liability owns 0% invested in Minerals Technologies Inc (NYSE:MTX) for 10 shares. Dimensional Fund Advsrs LP stated it has 0.03% of its portfolio in Cabot Microelectronics Corporation (NASDAQ:CCMP). Morgan Dempsey Capital Mngmt Lc has invested 0.77% of its portfolio in Cabot Microelectronics Corporation (NASDAQ:CCMP). Northwestern Mutual Wealth Management Communications has invested 0% in Minerals Technologies Inc (NYSE:MTX). Also, Director William P. Noglows sold 60,000 shares of Cabot Microelectronics Corporation stock in a transaction dated Monday, May 15th. Snyder Capital Management L P owns 307,359 shares or 1.18% of their United States portfolio. This is a boost from United Microelectronics Corporation's previous annual dividend of $0.00. Therefore 50% are positive. Cabot Microelectronics Corporation has a 52 week low of $40.38 and a 52 week high of $81.85. The stock's 50 day moving average price is $76.86 and its 200 day moving average price is $70.57. As per Friday, March 17, the company rating was upgraded by Aegis Capital. Citigroup downgraded Cabot Microelectronics Corporation (NASDAQ:CCMP) on Thursday, February 11 to "Neutral" rating. The rating was upgraded by Zacks on Friday, August 14 to "Sell".

Since January 30, 2017, it had 0 insider purchases, and 10 selling transactions for $15.46 million activity. The insider ROMAN THOMAS S sold $666,614. The stock was sold at an average price of $78.83, for a total value of $1,832,876.33. Comerica Bank now owns 142,899 shares of the semiconductor company's stock worth $269,000 after buying an additional 14,678 shares in the last quarter. On Monday, January 30 the insider Birgeneau Robert J sold $809,897. Its up 0.20, from 0.75 in 2016Q3. Institutional investors own 94.97% of the company's stock. 19 funds opened positions while 38 raised stakes. The correct version of this report can be viewed at https://www.thestockobserver.com/2017/06/20/cabot-microelectronics-co-ccmp-shares-sold-by-russell-investments-group-ltd-updated-updated-updated-updated.html. The company had revenue of $119.20 million during the quarter, compared to the consensus estimate of $114.87 million. Alpha One also assigned news headlines about the semiconductor company an impact score of 90 out of 100, indicating that recent news coverage is very likely to have an impact on the company's share price in the near term. Shareholders of record on Friday, June 23rd will be issued a dividend of $0.20 per share.



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