New insider activity at Eastman Chemical ( (EMN) ) has taken place on March 1, 2025.
Mark Costa, the CEO and Board Chair of Eastman Chemical, has recently sold 4,834 shares of the company’s stock. This transaction is valued at $483,786, reflecting a significant move in the executive’s stock holdings.
Recent Updates on EMN stock
In the last 24 hours, Eastman Chemical has seen multiple price target adjustments from various financial firms. Piper Sandler raised its price target due to updated estimates following the release of Q4 and full-year 2024 results, as well as new 2025 guidance. RBC Capital also increased its target, highlighting Eastman’s strong performance despite challenging market conditions, though noting potential headwinds from fibers destocking and higher natural gas costs. BofA raised its target, citing Eastman’s solid earnings and volume growth, and potential for capital deployment into buybacks or M&A. KeyBanc increased its target, impressed by Eastman’s margin execution and volume stability, and sees potential for earnings improvement and re-rating as methanolysis becomes more significant. Conversely, Barclays lowered its target, acknowledging Eastman’s strong fiscal 2024 finish but maintaining an Equal Weight rating.
More about Eastman Chemical
YTD Price Performance: 9.47%
Average Trading Volume: 1,116,873
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.16B