Paul Hindsley, Board Member at Oil-Dri Corp of America (NYSE:ODC), reported an insider buy on December 18, according to a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Hindsley purchased 1,000 shares of Oil-Dri Corp of America, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $68,890.
As of Tuesday morning, Oil-Dri Corp of America shares are up by 0.98%, currently priced at $69.76.
Discovering Oil-Dri Corp of America: A Closer Look
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.
Oil-Dri Corp of America: A Financial Overview
Revenue Growth: Oil-Dri Corp of America's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2023, the company achieved a revenue ...