New insider activity at Huntsman ( (HUN) ) has taken place on March 6, 2025.
Peter Huntsman, the Chairman, President, and CEO of Huntsman, has made a significant investment in the company by purchasing 30,000 shares of Huntsman stock. This transaction is valued at $483,300, showcasing his confidence in the company’s future prospects.
Recent Updates on HUN stock
In recent developments, Huntsman Corporation has experienced notable financial movements and strategic shifts. Wells Fargo adjusted its price target for Huntsman, citing near-trough earnings in the Polyurethanes segment and potential leverage from a construction recovery. The company’s Q4 earnings report revealed a net loss of $141 million, despite increased revenues and a rise in adjusted EBITDA. Challenges persist in the European market due to high energy costs and overcapacity, impacting the Performance Products division. However, Huntsman is optimistic about the MDI market recovery and has announced price increases in North America. Strategic cost management and asset optimization remain priorities, with plans to enhance profitability through aggressive margin expansion and potential restructuring of certain business units. The company remains cautious, focusing on short-term market conditions and strategic adjustments to navigate ongoing challenges.
More about Huntsman
YTD Price Performance: -8.03%
Average Trading Volume: 2,762,146
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.77B