Mativ Holdings, Inc. (NYSE:MATV – Get Free Report) Director William M. Cook purchased 1,500 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were acquired at an average cost of $15.52 per share, with a total value of $23,280.00. Following the purchase, the director now directly owns 18,936 shares of the company’s stock, valued at approximately $293,886.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Mativ Trading Down 0.3 %
NYSE MATV traded down $0.05 on Monday, reaching $15.39. The company had a trading volume of 299,526 shares, compared to its average volume of 401,487. The firm has a market cap of $841.96 million, a price-to-earnings ratio of -25.46, a P/E/G ratio of 2.16 and a beta of 0.80. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.26 and a quick ratio of 1.04. Mativ Holdings, Inc. has a fifty-two week low of $13.92 and a fifty-two week high of $28.99. The business has a 50 day moving average of $16.31 and a two-hundred day moving average of $17.87.
Mativ (NYSE:MATV – Get Free Report) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. Mativ had a negative net margin of 1.21% and a positive return on equity of 9.73%. The firm had revenue of $668.30 million during the quarter, compared to analyst estimates of $679.00 million. Analysts forecast that Mativ Holdings, Inc. will post 1.2 EPS for the current year.
Mativ Cuts Dividend
Institutional Trading of Mativ
Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP acquired a new position in shares of Mativ in the 4th quarter valued at about $54,135,000. Macquarie Group Ltd. bought a new position in shares of Mativ during the 4th quarter worth approximately $30,147,000. Charles Schwab Investment Management Inc. bought a new position in shares of Mativ during the 4th quarter worth approximately $20,905,000. Geode Capital Management LLC acquired a new stake in shares of Mativ during the 4th quarter worth approximately $20,835,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Mativ by 2,139.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 527,633 shares of the company’s stock valued at $11,328,000 after acquiring an additional 504,071 shares in the last quarter. Institutional investors own 91.35% of the company’s stock.
Mativ Holdings, Inc operates as a performance materials company. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials segment manufactures and sells polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens.
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