9,339 Shares in Dmc Global Inc (NASDAQ:BOOM) Acquired by Marshall Wace North America L.P.

Marshall Wace North America L.P. acquired a new position in Dmc Global Inc (NASDAQ:BOOM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,339 shares of the industrial products company’s stock, valued at approximately $463,000. Marshall Wace North America L.P. owned 0.06% of Dmc Global as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BOOM. Marshall Wace LLP bought a new stake in Dmc Global during the 1st quarter valued at $1,612,000. Kennedy Capital Management Inc. bought a new position in shares of Dmc Global in the 1st quarter worth $3,776,000. Pacific Ridge Capital Partners LLC raised its position in shares of Dmc Global by 7.7% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 193,214 shares of the industrial products company’s stock worth $9,591,000 after acquiring an additional 13,866 shares in the last quarter. Connors Investor Services Inc. bought a new position in shares of Dmc Global in the 1st quarter worth $268,000. Finally, EAM Global Investors LLC bought a new position in shares of Dmc Global in the 1st quarter worth $1,783,000. Hedge funds and other institutional investors own 89.40% of the company’s stock.

In other news, Director Richard P. Graff sold 1,000 shares of the stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $65.44, for a total value of $65,440.00. Following the sale, the director now directly owns 32,243 shares in the company, valued at $2,109,981.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ian Grieves sold 1,500 shares of the stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $68.73, for a total value of $103,095.00. Following the completion of the sale, the insider now owns 26,988 shares in the company, valued at $1,854,885.24. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,828 shares of company stock valued at $474,481. Company insiders own 4.40% of the company’s stock.

Shares of BOOM stock traded down $0.03 during trading hours on Thursday, reaching $62.18. The company had a trading volume of 242,333 shares, compared to its average volume of 258,515. The firm has a market cap of $931.91 million, a P/E ratio of 30.04, a price-to-earnings-growth ratio of 0.86 and a beta of 0.70. Dmc Global Inc has a 12-month low of $30.25 and a 12-month high of $76.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.18 and a quick ratio of 1.42. The stock has a fifty day simple moving average of $64.74.

Dmc Global (NASDAQ:BOOM) last issued its quarterly earnings data on Thursday, April 25th. The industrial products company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.28. The company had revenue of $100.10 million during the quarter, compared to analyst estimates of $99.95 million. Dmc Global had a return on equity of 30.04% and a net margin of 11.61%. The firm’s revenue for the quarter was up 48.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 earnings per share. As a group, analysts anticipate that Dmc Global Inc will post 3.69 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Stockholders of record on Sunday, June 30th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. Dmc Global’s dividend payout ratio is currently 3.86%.

Several research analysts recently weighed in on BOOM shares. Zacks Investment Research downgraded EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Sidoti upgraded Dmc Global from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Wednesday, July 10th. BidaskClub cut Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Tuesday, July 9th. Stifel Nicolaus reissued a “buy” rating and issued a $170.00 price objective on shares of Spotify in a report on Friday, April 26th. Finally, ValuEngine raised Zillow Group from a “hold” rating to a “buy” rating in a report on Thursday, July 11th. Two equities research analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. Dmc Global currently has a consensus rating of “Buy” and an average target price of $67.33.

Dmc Global Profile

DMC Global Inc engages in technical product and process businesses serving the energy, industrial, and infrastructure markets worldwide. The company operates in two segments, NobelClad and DynaEnergetics. The NobelClad segment produces and sells explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for oil and gas, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and other industries.

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Institutional Ownership by Quarter for Dmc Global (NASDAQ:BOOM)

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