GrafTech Reports CEO and CFO Insider Buys
Vice President and CFO Lindon Roberson also added shares on March 15. Lindon added 14,000 shares at $7.27 per share for a total amount of $101,780. Lindon now holds 14,146 shares of GrafTech. Since his buy, the price per share has increased 1.51%.
Craig Shular has been with the company since 1999 and has been CEO and president since 2002. Shular is credited by the company for growing sales, creating positive cash flow and virtually eliminating company debt by the end of 2009.
Vice President and CFO Lindon Robertson has been with GrafTech since 2011. Prior to that, Robertson was with IBM Corporation for 27 years. For IBM he served as the CFO for the global hardware business as well as the CFO for the company’s Japan and China Operations.
GrafTech is a company with over 125 years in the graphite industry. The company makes products that are used in applications in a variety of industries such as metal production, electronics, chemicals, aerospace, and transportation. GrafTech has a market cap of $996.31 million. The company maintains corporate headquarters in Parma, Ohio but can be found internationally.
GrafTech International‘s gross margin has been in a long-term decline. The average rate of decline per year is 4.1%. The company has also been suffering a operating margin decline the past five years. The average rate of decline is 6.7%. On the up side, the company is close to a three-year low price of $6.84 as well as a 10-year low P/B ratio of 0.68.
With its shares up 7.02% this afternoon, GTI trades at $7.90.
Six gurus followed by GuruFocus hold shares in GrafTech. For more information on these gurus and their shares in the company look at GrafTech’s Guru Trades Page.
For more information on the company’s insider trades, look at the GrafTech Insider History Page.