Olin VP Vermillion sells $126k in shares

Published 15/08/2025, 18:06
Olin VP Vermillion sells $126k in shares

Olin Corp (NYSE:OLN) Vice President and Treasurer Teresa M Vermillion sold 6,000 shares of common stock on August 13, 2025, for approximately $126,642. The shares were sold at prices ranging from $21.07 to $21.135. The chemical manufacturer, currently valued at $2.47 billion, has seen its stock gain over 14% in the past week, though it remains below its 52-week high of $49.59.

According to a Form 4 filing with the Securities and Exchange Commission, Vermillion also exercised employee stock options to acquire 6,000 shares at $13.14 per share, for a total value of $78,840. InvestingPro analysis indicates the stock is currently undervalued, with management actively buying back shares. The company has maintained dividend payments for 52 consecutive years, currently yielding 3.71%.

Following these transactions, Vermillion directly owns 17,199 shares of Olin Corp . She also indirectly owns 140.7607 shares through the Olin Corporation Retirement Savings Plan. Get access to 12 additional exclusive InvestingPro Tips and comprehensive analysis in our Pro Research Report for Olin Corp.

In other recent news, Olin Corporation reported its second-quarter 2025 earnings, which showed a mixed performance. The company posted an unexpected earnings per share loss of $0.01, contrary to the anticipated EPS gain of $0.02. However, Olin exceeded revenue expectations with $1.76 billion, surpassing the forecast of $1.66 billion. Analysts from KeyBanc have adjusted their price target for Olin to $31, reflecting reduced earnings estimates while maintaining an Overweight rating. UBS also revised its price target for Olin to $22, maintaining a Neutral rating due to mixed quarterly results and a weaker outlook for the Winchester ammunition segment. The company’s third-quarter EBITDA guidance was approximately $190 million at the midpoint, about 12% below consensus estimates. UBS noted this guidance might align more closely with investor expectations, considering recent industry developments.

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