Kronos Worldwide Inc. announced that Executive Vice President Nace Andrew B has made a series of transactions, acquiring a total of 2,500 shares at various prices on August 13, 2025. Specifically, he purchased 1,000 shares at $5.76 per share, 1,000 shares at $5.77 per share, 500 shares at $5.96 per share, and 500 shares at $5.98 per share.
Kronos Worldwide Inc. (NYSE: KRO) recently reported a series of transactions by Executive Vice President Nace Andrew B., who acquired a total of 2,500 shares on August 13, 2025. The transactions included 1,000 shares purchased at $5.76 per share, 1,000 shares at $5.77 per share, 500 shares at $5.96 per share, and 500 shares at $5.98 per share [4].
The insider purchase comes amid a challenging period for the company, which reported a second-quarter 2025 loss of 8 cents per share, missing the Zacks Consensus Estimate of 13 cents. Net sales decreased around 1.2% year over year to $494.4 million, primarily due to lower average titanium dioxide (TiO2) selling prices, an unfavorable product mix, and reduced sales volumes in export markets [1][2].
Despite the financial challenges, the insider purchases may signal confidence in the company's future prospects. This is particularly notable given the recent market volatility and the company's ongoing efforts to manage its financial health. The company's commitment to returning value to shareholders was further demonstrated by a regular quarterly dividend of $0.05 per share, payable on September 18, 2025 [3].
Kronos Worldwide's market capitalization is approximately $586 million, with a trading volume of 305,902 shares. The company's stock has shown significant volatility over the past year, with a daily range between $4.83 and $5.11, and a range of $4.70 to $12.98 over the past year [3].
The company expects demand to remain under pressure until uncertainty surrounding tariffs is resolved. It anticipates customer inventory levels to remain low, with customers reluctant to rebuild stock and place orders with shorter notice [1][2].
In addition to the insider purchases, other notable insider activity includes the purchase of 3,000 shares by Samford Amy A., Executive Vice President of Finance, on August 11, 2025, and the purchase of 5,000 shares by Vice Chairman Michael Shawn Simmons on the same date [3][4].
References:
[1] https://finance.yahoo.com/news/kronos-worldwide-earnings-miss-estimates-125400373.html
[2] https://www.nasdaq.com/articles/kronos-worldwide-earnings-miss-estimates-q2-low-volumes
[3] https://site.financialmodelingprep.com/market-news/kronos-worldwide-insider-purchase-dividend-announcement
[4] https://www.marketbeat.com/instant-alerts/kronos-worldwide-inc-nysekro-vice-chairman-buys-2435000-in-stock-2025-08-11/
Comments
No comments yet