What’s in RPM International Inc. After Today’s Bullish Options Activity?

 What's in RPM International Inc. After Today's Bullish Options Activity?

In today’s session RPM International Inc. (RPM) registered an unusually high (657) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious RPM increase. With 657 contracts traded and 6644 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: RPM161216C00050000 closed last at: $2.65 or 12.8% up. About 61,753 shares traded hands. RPM International Inc. (NYSE:RPM) has risen 3.23% since April 12, 2016 and is uptrending. It has underperformed by 1.75% 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 -9.02% below today’s ($51.66) stock price. RPM International has been the topic of 5 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Wednesday, October 14 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. Seaport Global Securities initiated RPM International Inc. (NYSE:RPM) on Tuesday, January 5 with “Accumulate” rating. The rating was downgraded by Seaport Global on Wednesday, August 10 to “Neutral”.

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 is negative, 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.
State Of Wisconsin Board accumulated 0.02% or 84,991 shares. Prudential last reported 0.06% of its portfolio in the stock. Brown Brothers Harriman & Com holds 0% of its portfolio in RPM International Inc. (NYSE:RPM) for 210 shares. Weaver C Barksdale And Assoc last reported 437 shares in the company. State Teachers Retirement Systems has 217,607 shares for 0.03% of their US portfolio. Mitchell Sinkler Starr Pa accumulated 3.12% or 45,753 shares. Goldman Sachs Gru Inc has 3.60 million shares for 0.06% of their US portfolio. Fiera Capital Corp reported 25,500 shares or 0.01% of all its holdings. Arizona State Retirement Systems holds 0.04% or 55,721 shares in its portfolio. Leavell Mngmt holds 13,687 shares or 0.1% of its portfolio. Architects reported 1,500 shares or 0.02% of all its holdings. The Alabama-based Kistler has invested 0% in RPM International Inc. (NYSE:RPM). Metropolitan Life Insur New York last reported 0.05% of its portfolio in the stock. State Board Of Administration Of Florida Retirement owns 204,690 shares or 0.03% of their US portfolio. First Republic Invest Mngmt Inc holds 0.47% or 965,923 shares in its portfolio.

Insider Transactions: Since August 1, 2016, the stock had 0 buys, and 6 selling transactions for $5.92 million net activity. SULLIVAN FRANK C sold 60,000 shares worth $3.21M. $870,667 worth of RPM International Inc. (NYSE:RPM) shares were sold by RICE RONALD A. On Thursday, August 18 Slifstein Barry sold $54,273 worth of the stock or 1,000 shares. Moore Edward W. had sold 22,547 shares worth $1.22 million on Monday, August 1. Another trade for 4,152 shares valued at $224,369 was sold by Ratajczak Matthew T. 6,304 shares were sold by Gordon Russell L, worth $342,629 on Friday, August 5.

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 $6.90 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 18.61 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 Prnewswire.com with their article: “RPM Acquires UK Industrial Tape Manufacturing Business” published on November 02, 2016, Crainscleveland.com published: “US Securities and Exchange Commission alleges accounting fraud at RPM …” on September 12, 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 Nasdaq.com‘s news article titled: “RPM International Inc. (RPM) Ex-Dividend Date Scheduled for October 13, 2016” with publication date: October 12, 2016.

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