Eastman Chemical Co [EMN] Shares Jump Approximately 53.42% Over the Year

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Eastman Chemical Co shares valued at $195,960 were sold by Holt Adrian James on Jun 03 ’24. At $99.22 per share, Holt Adrian James sold 1,975 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, LICH BRAD A sold 23,028 shares, netting a total of over 2,314,544 in proceeds. Following the sale of shares at $100.51 each, the insider now holds 68,793 shares.

Before that, RAISBECK DAVID W had sold 13,500 shares from its account. In a trade valued at $1,356,750, the Director traded Eastman Chemical Co shares for $100.50 each. Upon closing the transaction, the insider’s holdings decreased to 13,500 shares, worth approximately $3.14 million.

As published in a research note from BofA Securities on October 16, 2024, Eastman Chemical Co [EMN] has been rated down from a Buy to a Neutral and the price target has been revised to $119 from $114. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late May. As of April 29, 2024, Jefferies has increased its “Hold” rating to a “Buy” for EMN. Earlier on February 15, 2024, Redburn Atlantic initiated its rating. Their recommendation was “a Buy” for EMN stock.

Analyzing EMN Stock Performance

During the last five days, there has been a drop of approximately -1.60%. Over the course of the year, Eastman Chemical Co shares have jumped approximately 19.10%. Nevertheless, trading volume fell to 0.75 million shares from 0.85 million shares the previous day.