Patrick M. Prevost Sells 62,400 Shares of Cabot Corporation (CBT) Stock

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Cabot Corporation (NYSE:CBT) Director Patrick M. Prevost sold 62,400 shares of the business’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $57.48, for a total value of $3,586,752.00. Following the sale, the director now owns 315,620 shares of the company’s stock, valued at approximately $18,141,837.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cabot Corporation (NYSE:CBT) remained flat at $57.55 on Friday. 481,488 shares of the company traded hands. Cabot Corporation has a 1-year low of $39.52 and a 1-year high of $60.72. The stock has a market cap of $3.58 billion, a P/E ratio of 17.39 and a beta of 1.21. The firm has a 50-day moving average of $54.11 and a 200 day moving average of $51.59.

Read the source article at American Banking News