Clearwater Paper Co. (NYSE:CLW) SVP Kari G. Moyes Sells 1,132 Shares

Clearwater Paper Co. (NYSE:CLW) SVP Kari G. Moyes sold 1,132 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $23.98, for a total value of $27,145.36. Following the completion of the transaction, the senior vice president now directly owns 81,439 shares of the company’s stock, valued at $1,952,907.22. The trade was a 1.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Clearwater Paper Price Performance

NYSE:CLW opened at $24.37 on Wednesday. The firm has a market capitalization of $394.10 million, a price-to-earnings ratio of 2.08 and a beta of 0.37. Clearwater Paper Co. has a 52-week low of $22.58 and a 52-week high of $57.13. The stock has a fifty day moving average of $28.36 and a 200 day moving average of $28.08. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 1.70.

Clearwater Paper (NYSE:CLW) last posted its quarterly earnings data on Thursday, February 13th. The basic materials company reported ($1.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.84). Clearwater Paper had a net margin of 10.54% and a negative return on equity of 1.87%.

Institutional Investors Weigh In On Clearwater Paper

Several large investors have recently added to or reduced their stakes in CLW. Paloma Partners Management Co bought a new stake in Clearwater Paper during the third quarter worth about $209,000. Virtu Financial LLC bought a new stake in Clearwater Paper during the fourth quarter worth about $217,000. D.A. Davidson & CO. lifted its stake in Clearwater Paper by 23.4% during the third quarter. D.A. Davidson & CO. now owns 7,900 shares of the basic materials company’s stock worth $225,000 after purchasing an additional 1,500 shares during the last quarter. Cornerstone Investment Partners LLC bought a new stake in Clearwater Paper during the fourth quarter worth about $226,000. Finally, Graham Capital Management L.P. bought a new stake in Clearwater Paper during the fourth quarter worth about $238,000. Institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. StockNews.com raised Clearwater Paper from a “sell” rating to a “hold” rating in a report on Monday, February 17th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $37.00 price target on shares of Clearwater Paper in a report on Tuesday, February 18th.

About Clearwater Paper

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through Pulp and Paperboard, and Consumer Products segments. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting.