Andrew Kenner Sold $2,689,814 Worth of Westlake Chemical (WLK) Stock; 7 Bullish Analysts Covering SDL plc (LON:SDL)

As published in an electronic report filed with the U.S. SEC on March 06, 2018, Andrew Kenner, SVP – Chemical Manufacturing of Westlake Chemical Corp and a well informed man, sold 24,318 shares of the firm and paid for these approx $2,689,814 U.S. Dollars based on an average stock price per share of $110.6. At the moment, Andrew Kenner owns 14,053 shares which are equivalent to around 0.01% of the company’s market capitalization (total value of the shares outstanding).

Among 10 analysts covering SDL PLC (LON:SDL), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. SDL PLC had 60 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Investec on Tuesday, August 4 with “Buy”. Peel Hunt maintained SDL plc (LON:SDL) on Monday, December 4 with “Buy” rating. The firm has “Hold” rating given on Tuesday, August 1 by Canaccord Genuity. The firm earned “Buy” rating on Tuesday, February 14 by Canaccord Genuity. The firm has “Buy” rating by Panmure Gordon given on Tuesday, August 4. Panmure Gordon maintained SDL plc (LON:SDL) rating on Thursday, February 18. Panmure Gordon has “Buy” rating and GBX 540 target. Numis Securities upgraded the stock to “Add” rating in Wednesday, March 8 report. The company was maintained on Monday, March 14 by Numis Securities. As per Monday, September 4, the company rating was maintained by Peel Hunt. The rating was maintained by Numis Securities on Friday, January 20 with “Add”. See SDL plc (LON:SDL) latest ratings:

07/03/2018 Broker: Peel Hunt Rating: Add New Target: GBX 460.00 Downgrade
06/03/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 560.00 New Target: GBX 520.00 Reiteration
01/03/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 550.00 New Target: GBX 550.00 Maintain
01/02/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 550.00 New Target: GBX 550.00 Maintain
15/01/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 590.00 New Target: GBX 560.00 Reiteration
12/01/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 550.00 New Target: GBX 550.00 Maintain
03/01/2018 Broker: Peel Hunt Rating: Buy New Target: GBX 550.00 Maintain
15/12/2017 Broker: N+1 Singer Rating: Corporate Maintain
15/12/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 610.00 New Target: GBX 550.00 Maintain
04/12/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 610.00 New Target: GBX 610.00 Maintain

Since February 22, 2018, it had 0 insider buys, and 8 insider sales for $5.92 million activity. $1.95M worth of Westlake Chemical Corporation (NYSE:WLK) was sold by LUKENS MAX L on Thursday, February 22. 4,038 Westlake Chemical Corporation (NYSE:WLK) shares with value of $448,218 were sold by BLAKELY ROBERT T. Shares for $482,139 were sold by Mangieri George J on Wednesday, February 28. Shares for $221,270 were sold by Bender Mark Steven on Friday, February 23. Another trade for 6,942 shares valued at $773,665 was made by Ederington L. Benjamin on Thursday, February 22. Teel Lawrence E. had sold 9,351 shares worth $1.05M on Monday, February 26.

The stock increased 2.75% or $3.14 during the last trading session, reaching $117.16. About 1.26 million shares traded or 61.06% up from the average. Westlake Chemical Corporation (NYSE:WLK) has risen 45.05% since March 7, 2017 and is uptrending. It has outperformed by 28.35% the S&P500.

Investors sentiment decreased to 1.33 in 2017 Q3. Its down 0.05, from 1.38 in 2017Q2. It dived, as 21 investors sold Westlake Chemical Corporation shares while 61 reduced holdings. 55 funds opened positions while 58 raised stakes. 37.12 million shares or 5.60% less from 39.33 million shares in 2017Q2 were reported. Soroban Prns Limited Partnership reported 1.40M shares stake. Walthausen And Com Ltd Limited Liability Company invested in 0.71% or 91,360 shares. Schwab Charles Inv Mngmt has invested 0.01% in Westlake Chemical Corporation (NYSE:WLK). Panagora Asset Incorporated has 2,194 shares. Ameriprise Finance holds 708,449 shares or 0.03% of its portfolio. Alliancebernstein Lp invested in 0.01% or 84,314 shares. 11,711 were reported by Pettee Investors. Illinois-based First Tru Limited Partnership has invested 0.07% in Westlake Chemical Corporation (NYSE:WLK). First Personal Financial Svcs invested in 0.01% or 468 shares. Jpmorgan Chase Company holds 592,581 shares or 0.01% of its portfolio. Clark Cap Management Group invested in 10,809 shares. Colony Grp Limited Liability Company reported 0.01% of its portfolio in Westlake Chemical Corporation (NYSE:WLK). Moreover, Ubs Asset Mgmt Americas Inc has 0% invested in Westlake Chemical Corporation (NYSE:WLK). Virginia Retirement Et Al stated it has 0.11% in Westlake Chemical Corporation (NYSE:WLK). Denali Advsr Ltd Co reported 1.2% in Westlake Chemical Corporation (NYSE:WLK).

Among 18 analysts covering Westlake Chemical (NYSE:WLK), 11 have Buy rating, 2 Sell and 5 Hold. Therefore 61% are positive. Westlake Chemical has $139.0 highest and $52 lowest target. $101.31’s average target is -13.53% below currents $117.16 stock price. Westlake Chemical had 57 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of WLK in report on Monday, June 5 with “Buy” rating. Tudor Pickering initiated the shares of WLK in report on Friday, October 14 with “Hold” rating. As per Tuesday, May 23, the company rating was maintained by Cowen & Co. The firm has “Sell” rating by UBS given on Wednesday, February 21. The firm has “Sell” rating by UBS given on Wednesday, November 8. The firm has “Sell” rating by UBS given on Friday, October 13. As per Wednesday, January 17, the company rating was maintained by Wells Fargo. Cowen & Co maintained the shares of WLK in report on Friday, January 8 with “Outperform” rating. The stock of Westlake Chemical Corporation (NYSE:WLK) earned “Buy” rating by RBC Capital Markets on Monday, July 10. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, October 17.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products. The company has market cap of $15.16 billion. It operates through two divisions, Olefins and Vinyls. It has a 11.72 P/E ratio. The Olefins segment offers ethylene, polyethylene, styrene monomer, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen.

The stock decreased 1.75% or GBX 7 during the last trading session, reaching GBX 393. About 27,594 shares traded. SDL plc (LON:SDL) has 0.00% since March 7, 2017 and is . It has underperformed by 16.70% the S&P500.