Insider Selling: Materion Co. (NYSE:MTRN) CFO Sells 805 Shares of Stock

Materion Co. (NYSE:MTRN) CFO Shelly Marie Chadwick sold 805 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $101.24, for a total value of $81,498.20. Following the completion of the transaction, the chief financial officer now owns 14,632 shares of the company’s stock, valued at approximately $1,481,343.68. This represents a 5.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shelly Marie Chadwick also recently made the following trade(s):

• On Friday, November 29th, Shelly Marie Chadwick sold 1,000 shares of Materion stock. The stock was sold at an average price of $115.92, for a total transaction of $115,920.00.

Materion Price Performance

MTRN opened at $101.98 on Friday. Materion Co. has a twelve month low of $93.20 and a twelve month high of $145.08. The company has a current ratio of 3.15, a quick ratio of 1.26 and a debt-to-equity ratio of 0.51. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 28.73 and a beta of 1.23. The company has a fifty day simple moving average of $103.12 and a 200 day simple moving average of $107.98.

Materion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Thursday, February 20th. Materion’s payout ratio is 15.21%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in Materion by 307.8% during the 4th quarter. GAMMA Investing LLC now owns 261 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 197 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Materion by 269.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 436 shares of the basic materials company’s stock worth $43,000 after buying an additional 318 shares in the last quarter. Quest Partners LLC increased its stake in shares of Materion by 118.7% in the third quarter. Quest Partners LLC now owns 562 shares of the basic materials company’s stock worth $63,000 after buying an additional 305 shares during the last quarter. ARK Investment Management LLC acquired a new stake in Materion in the third quarter valued at $85,000. Finally, KBC Group NV raised its stake in shares of Materion by 54.5% in the 4th quarter. KBC Group NV now owns 882 shares of the basic materials company’s stock valued at $87,000 after purchasing an additional 311 shares in the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.

About Materion

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.