On December 18, GEORGE ROETH, Board Member at Oil-Dri Corp of America (NYSE:ODC) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: ROETH's recent purchase of 1,000 shares of Oil-Dri Corp of America, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, reflects confidence in the company's potential. The total transaction value is $68,890.
The latest update on Tuesday morning shows Oil-Dri Corp of America shares up by 0.98%, trading at $69.76.
Unveiling the Story Behind Oil-Dri Corp of America
Oil-Dri Corp of America develops, manufactures, and markets sorbent products made predominantly from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers. The company has two segments based on the different characteristics of two primary customer groups namely Retail and Wholesale Products Group and business to Business Products Group. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.
Understanding the Numbers: Oil-Dri Corp of America's Finances
Revenue Growth: Oil-Dri Corp of America's remarkable performance in 3 months is evident. As of 31 October, 2023, the company achieved an impressive revenue ...