Tieton Capital Management LLC Has Decreased Innospec INC (IOSP) Holding as Share Value Declined

Innospec Inc. (NASDAQ:IOSP) Logo

Tieton Capital Management Llc decreased its stake in Innospec Inc (IOSP) by 90.57% based on its latest 2018Q2 regulatory filing with the SEC. Tieton Capital Management Llc sold 41,028 shares as the company’s stock declined 4.40% while stock markets rallied. The institutional investor held 4,270 shares of the major chemicals company at the end of 2018Q2, valued at $327,000, down from 45,298 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Innospec Inc for a number of months, seems to be less bullish one the $1.63B market cap company. The stock decreased 2.58% or $1.77 during the last trading session, reaching $66.86. About 72,369 shares traded. Innospec Inc. (NASDAQ:IOSP) has risen 35.35% since December 7, 2017 and is uptrending. It has outperformed by 19.73% the S&P500.

Analysts await Innospec Inc. (NASDAQ:IOSP) to report earnings on February, 12. They expect $1.35 earnings per share, down 8.16 % or $0.12 from last year’s $1.47 per share. IOSP’s profit will be $32.97 million for 12.38 P/E if the $1.35 EPS becomes a reality. After $1.20 actual earnings per share reported by Innospec Inc. for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

More notable recent Innospec Inc. (NASDAQ:IOSP) news were published by: Globenewswire.com which released: “Innospec Reports Second Quarter 2018 Financial Results Nasdaq:IOSP – GlobeNewswire” on August 07, 2018, also Nasdaq.com with their article: “Analysts Anticipate 14% Gains Ahead For DGRO – Nasdaq” published on November 21, 2018, Globenewswire.com published: “Innospec Publishes 2017 Responsible Business Report Nasdaq:IOSP – GlobeNewswire” on October 22, 2018. More interesting news about Innospec Inc. (NASDAQ:IOSP) were released by: Seekingalpha.com and their article: “Innospec Inc. (IOSP) CEO Patrick Williams on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 07, 2018 as well as Globenewswire.com‘s news article titled: “Innospec Announces New Technology to Support IMO-2020 – GlobeNewswire” with publication date: October 02, 2018.

Innospec Inc. (NASDAQ:IOSP) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.