Chase Corporation (CCF) Insider Sells Over 3,500 Shares

Chase Corporation (NYSE:CCF), saw an insider alter his position with the company through a transaction that began last week and was officially filed today, September 3rd. Treasurer and Chief Financial Officer Kenneth L. Dumas disposed of 3,587 shares of common stock at an average price of $35.5 per share. Following this move, Dumas now has a total of 72,693 shares directly invested in the company. Moreover, a $316.96 million market cap company, Chase Corporation (NYSE:CCF) is a manufacturer of protective materials for high reliability applications. The Company operates in two segments: industrial materials segment and a construction materials segment. The industrial materials segment represents its specified products, which are used in or integrated into another company’s product with demand dependent upon general economic conditions.
In addition, among the outside investors in the company is Royce & Associates, the hedge fund run by billionaire Chuck Royce. After raising its activity by 7% last quarter, the fund now holds 827,274 shares worth about $28 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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