Celanese Corporation (CE): Insiders Are Buying Big!

Ladies and gentlemen, listen up! We've got a hot stock tip for you today, and it's all about Celanese Corporation (CE). Insiders are piling into this stock, and you need to know why. Let's dive in and see what's driving this insider buying frenzy!

First things first, let's talk about the recent insider buying activity. Scott Sutton, a director at Celanese, just bought US$407k worth of shares at US$54.65 per share. That's the biggest insider buy in the last twelve months! And get this, there have been no recorded sales by insiders during this period. The average buy price over the last year was around US$67.36, which means insiders see value even at higher levels. This is a clear sign that insiders are bullish on Celanese's future prospects.

Now, let's talk about Celanese's recent financial performance. Despite a challenging economic landscape, the company reported net sales of $2,611 million for the full year 2024, a decrease from the previous year's $2,853 million. But here's the kicker: net earnings attributable to Celanese Corporation showed resilience, increasing from $91 million to $121 million. This increase in net earnings, despite a decrease in net sales, indicates Celanese's ability to manage costs and maintain profitability. The company's strategic cost management and operational efficiency have contributed to a robust bottom line, reinforcing its financial strength in a competitive market.

But that's not all! Celanese's strategic initiatives are also driving insider buying. The company has completed all actions required to exceed the targeted $75 million in cost reductions within 2025, primarily in selling, general, and administrative (SG&A). The focus of these reductions was better aligning the Company's cost structure with the demand environment, while maintaining the ability to scale as demand recovers. This strategic initiative, along with the company's intention to cease production and execute the closure of the Company's Luxembourg Mylar Specialty Films manufacturing operations, demonstrates Celanese's commitment to productivity and growth.



So, what does all this mean for you? It means that Celanese Corporation (CE) is a stock you need to own! Insiders are buying big, and the company's financial performance and strategic initiatives are driving this insider buying frenzy. Don't miss out on this opportunity to get in on the ground floor of a company that's poised for growth. Buy now, and watch your portfolio soar!