What Will Happen to RPM International Inc. Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to RPM International Inc. Next? The Stock Just Had Huge Bearish Options Activity

In today’s session RPM International Inc. (RPM) recorded an unusually high (250) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious RPM decrease. With 250 contracts traded and 16904 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: RPM161021P00050000 closed last at: $0.55 or 0% . About 515,616 shares traded hands. RPM International Inc. (NYSE:RPM) has risen 25.61% since March 2, 2016 and is uptrending. It has outperformed by 17.35% the S&P500.

RPM International Inc. (NYSE:RPM) Ratings Coverage

Out of 4 analysts covering RPM International (NYSE:RPM), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $49 is the highest target while $44 is the lowest. The $47 average target is -8.19% below today’s ($51.19) stock price. RPM International has been the topic of 5 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Seaport Global Securities initiated the stock with “Accumulate” rating in Tuesday, January 5 report. On Wednesday, October 14 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. The stock of RPM International Inc. (NYSE:RPM) earned “Neutral” rating by Seaport Global on Wednesday, August 10.

According to Zacks Investment Research, “RPM Incorporated manufactures and markets specialty paints, protective coatings and roofing systems, sealants and adhesives, for use in both industrial and consumer applications. RPM markets its products in numerous countries and operates manufacturing facilities in the United States, Argentina, Belgium, Brazil, Canada, China, Colombia, Germany, Italy, Malaysia, Mexico, New Zealand, The Netherlands, Poland, South Africa, the United Arab Emirates and the United Kingdom.”

Insitutional Activity: The institutional sentiment decreased to 1.23 in Q2 2016. Its down 0.04, from 1.27 in 2016Q1. The ratio fall, as 23 funds sold all RPM International Inc. shares owned while 114 reduced positions. 49 funds bought stakes while 119 increased positions. They now own 94.61 million shares or 0.05% more from 94.56 million shares in 2016Q1.
Kcg Hldgs has 0.01% invested in the company for 9,322 shares. Goldman Sachs Gru last reported 0.06% of its portfolio in the stock. Parametrica Mngmt has 7,129 shares for 0.53% of their US portfolio. The Ohio-based Bahl Gaynor has invested 0.24% in RPM International Inc. (NYSE:RPM). Sei Invests Communication has invested 0.04% of its portfolio in RPM International Inc. (NYSE:RPM). Fort Washington Inv Advsr Inc Oh holds 22,385 shares or 0.02% of its portfolio. The Ohio-based Firstmerit Retail Bank N A Trustee has invested 0.02% in RPM International Inc. (NYSE:RPM). Raymond James Svcs last reported 7,610 shares in the company. Ladenburg Thalmann Svcs Incorporated last reported 29,435 shares in the company. Castleark Mngmt Lc has 20,240 shares for 0.03% of their US portfolio. Howland Capital Mngmt Limited Liability Corporation has 53,188 shares for 0.25% of their US portfolio. Vaughan David Investments Il holds 1.25% or 452,915 shares in its portfolio. Blackrock owns 72,424 shares or 0% of their US portfolio. Thrivent For Lutherans last reported 19,586 shares in the company. Moreover, Chilton Inv Limited Co has 0.17% invested in RPM International Inc. (NYSE:RPM) for 95,384 shares.

Insider Transactions: Since April 19, 2016, the stock had 0 insider buys, and 6 sales for $6.01 million net activity. $342,629 worth of RPM International Inc. (NYSE:RPM) shares were sold by Gordon Russell L. RICE RONALD A sold $962,689 worth of stock or 18,822 shares. The insider SULLIVAN FRANK C sold $3.21M. Another trade for 1,000 shares valued at $54,273 was sold by Slifstein Barry. Another trade for 4,152 shares valued at $224,369 was sold by Ratajczak Matthew T. Another trade for 22,547 shares valued at $1.22 million was sold by Moore Edward W..

RPM International Inc., through its subsidiaries, makes, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The company has a market cap of $6.72 billion. The Firm operates through three divisions: the industrial reportable segment , the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment). It has a 19.07 P/E ratio. The Company’s family of products includes those marketed under brand names, such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser.

RPM Company Profile

RPM International Inc., incorporated on July 29, 2002, through its subsidiaries, makes, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Firm operates through three divisions: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment). The Company’s family of products includes those marketed under brand names, such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser. As of May 31, 2016, its subsidiaries marketed products in approximately 164 countries and territories, and operated manufacturing facilities in approximately 120 locations in the United States, Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, France, Germany, India, Italy, Malaysia, Mexico, The Netherlands, New Zealand, Norway, Poland, Saudi Arabia, South Africa, Spain, Sweden, Turkey, the United Arab Emirates and the United Kingdom.

More notable recent RPM International Inc. (NYSE:RPM) news were published by: Fool.com which released: “RPM International Inc. Paints Some Pretty Nice Results” on July 28, 2016, also Forbes.com with their article: “RPM International Reaches Analyst Target Price” published on July 29, 2016, Rttnews.com published: “RPM International Inc Q1 Profit Rises 13%” on October 05, 2016. More interesting news about RPM International Inc. (NYSE:RPM) were released by: Prnewswire.com and their article: “RPM International Provides Comment on SEC Action” published on September 09, 2016 as well as Prnewswire.com‘s news article titled: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” with publication date: September 12, 2016.

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