Greenwood Capital Associates LLC has bought 50,156 shares of Albemarle Corporation ($ALB), while Voya Investment Management LLC offloaded 386,086 of its stock; VCI Wealth Management LLC and Vontobel Holding Ltd meanwhile, have increased their stakes. Albemarle's (ALB) stocks have seen a considerable surge, driven by increased price targets as well as a deficit in lithium that could boost its stock, according to UBS. Despite the positive momentum, there was a drop in ALB's stock even as the market gained, and this was a noteworthy fact. Albemarle's strong lithium production outlook coupled with ongoing asset sales has also caused stocks to rally, despite concerns over debt and returns impacting their leadership in the lithium industry. Future dividends and improved free cash flow generation appear to contribute to the positive investor attention. An enhanced price target from Baird as lithium market optimism grows, and the stock crossing the 20-day moving average, paint a bullish picture. The firm also reported a Q3 loss, but beat revenue estimates.
RED FLAG ALERT: Notably, Albemarle announced that board member Dean Seavers has resigned.
Albemarle Stocks ALB News Analytics from Thu, 08 May 2025 07:00:00 GMT to Sat, 27 Dec 2025 13:30:54 GMT -
Rating 8
- Innovation 2
- Information 8
- Rumor 2
