Olin Corp VP Carter Deon sells $154k in shares
#Olin Corp #Carter Deon #insider trading #analyst downgrades #chemical industry #stock sale #earnings outlook #NYSE:OLN
📌 Key Takeaways
- Olin Corp VP Carter Deon sold $154,225 worth of company shares
- Multiple analysts have downgraded Olin's rating and price targets
- The company faces challenges in Chlor Alkali Products, Vinyls, and Winchester ammunition segments
- Olin's first-quarter 2026 EBITDA is expected to fall significantly below previous estimates
📖 Full Retelling
Carter Deon, Vice President and President of Chlor Alkali and Vinyls at Olin Corporation, sold 6,500 shares of company stock on February 25, 2026, for approximately $154,225 amid ongoing challenges for the chemical manufacturer facing multiple analyst downgrades and a weaker earnings outlook. The transactions were executed at weighted average prices ranging from $23.71 to $23.743, leaving Deon with 357 direct shares of Olin Corp following the sale, according to a Form 4 filing with the Securities and Exchange Commission. The insider sale comes during a particularly challenging period for Olin, which has recently faced a string of negative analyst assessments regarding its financial performance and prospects. Several major financial institutions have revised their outlook on the company downward, citing various factors including weakened demand, increased costs, and disappointing earnings in key business segments.
🏷️ Themes
Insider Trading, Chemical Industry, Market Analysis
📚 Related People & Topics
Olin Corporation
American chemical manufacturing company
Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and ne...
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound Gold prices head for fifth day of gains in six; JPMorgan sees more upside Nvidia’s results beat estimates, but Wall Street wants more cash return Nvidia set to report strong results and guidance, analysts say (South Africa Philippines Nigeria) Olin Corp VP Carter Deon sells $154k in shares By Investing.com Insider Trading Published 02/25/2026, 10:07 PM Olin Corp VP Carter Deon sells $154k in shares 0 OLN -1.15% Olin Corp (NYSE:OLN) VP & President CAPV, Carter Deon, reported selling 6,500 shares of common stock on February 25, 2026, for approximately $154,225. The sales were executed at weighted average prices ranging from $23.71 to $23.743. Following the transaction, Carter Deon directly owns 357 shares of Olin Corp. The information comes from a Form 4 filing with the Securities and Exchange Commission. In other recent news, Olin Corporation has faced several analyst downgrades and price target adjustments due to a weaker-than-expected earnings outlook. Fitch Ratings downgraded Olin’s Long-Term Issuer Default Rating to ’BB+’ from ’BBB-’, citing prolonged earnings weakness and a challenging outlook for 2026. BMO Capital lowered its price target on Olin to $24, maintaining a Market Perform rating, due to weak demand conditions and increased costs affecting the company’s Chlor Alkali Products and Vinyls segment and Winchester ammunition business. Goldman Sachs reiterated a Neutral rating with a $22 price target, noting that Olin’s first-quarter 2026 EBITDA is expected to fall significantly below previous estimates. Truist Securities also reduced its price target to $20, highlighting ongoing pressure on Olin’s core earnings, particularly within the CAPV segment. Meanwhile, KeyBanc Capital Markets adjusted its price target to $26, describing Olin’s start to 2026 as "disappointingly low" in terms of earnings. These developments refle...
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