Libbey: VP sells shares

  Company financial news

Libbey’s VP has sold 4,834 shares of the company’s stock and now directly owns 28,777 shares. The stock’s 50-day moving average is USD 34, and its 200-day moving average is USD 30. The company has a market cap of USD 803.39 million and a price-to-earnings ratio of 167.05.

Stocksandshares
Libbey’s VP has sold 4,834 shares of the company’s stock
Libbey VP Kenneth A. Boerger sold 4,834 shares of the company’s stock on the open market on 3 March. The stock was sold at an average price of USD 37.82, for a total value of USD 182,821.88. Following the transaction, the vice president now directly owns 28,777 shares of the company’s stock, valued at approximately USD 1,088,346.14.
Several analysts have recently commented on the stock. Analysts at Dougherty & Co raised their price target on shares of Libbey from USD 40.00 to USD 45.00 and gave the company a “buy” rating in a research note last week. Analysts at Janney Montgomery Scott initiated coverage on shares of Libbey in a research note on 13 February, setting a “neutral” rating and a USD 87.00 price target on the stock. Finally, analysts at Wedbush initiated coverage on shares of Libbey in a research note on 29 January with a “neutral” rating and a USD 87.00 price target on the stock.
Libbey traded down 2.16% last week, hitting USD 36.75. 80,483 shares of the company’s stock traded hands. Libbey has a one year low of USD 22.36 and a one year high of USD 38.58. The stock’s 50-day moving average is USD 34, and its 200-day moving average is USD 30. The company has a market cap of USD 803.39 million and a price-to-earnings ratio of 167.05.
Libbey last released its earnings data on 27 February, reporting USD 0.53 earnings per share for the quarter, beating the analysts’ consensus estimate of USD 0.48 by USD 0.05. The company had revenue of USD 231.40 milli...


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