Why Robert Blakely Unloaded 4,038 Shares of Westlake Chemical (WLK)?; Last Week Tetra Tech, Inc. (TTEK) Analysts

Among 13 analysts covering TETRA Tech (NASDAQ:TTEK), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. TETRA Tech had 32 analyst reports since November 9, 2015 according to SRatingsIntel. Boenning & Scattergood maintained the shares of TTEK in report on Thursday, August 3 with “Buy” rating. Stifel Nicolaus maintained Tetra Tech, Inc. (NASDAQ:TTEK) on Friday, October 13 with “Hold” rating. The stock of Tetra Tech, Inc. (NASDAQ:TTEK) earned “Hold” rating by Stifel Nicolaus on Tuesday, January 5. The company was maintained on Monday, November 9 by Wunderlich. On Tuesday, November 10 the stock rating was upgraded by JP Morgan to “Overweight”. Canaccord Genuity maintained the shares of TTEK in report on Thursday, September 7 with “Buy” rating. Robert W. Baird maintained the shares of TTEK in report on Friday, October 6 with “Hold” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, October 5 with “Hold”. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Friday, January 29 by Oppenheimer. See Tetra Tech, Inc. (NASDAQ:TTEK) latest ratings:

02/02/2018 Broker: Roth Capital Rating: Buy New Target: $59.0 Maintain
10/11/2017 Broker: Robert W. Baird Rating: Neutral Old Target: $47 New Target: $52 Maintain
19/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $52.0 Maintain
13/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $47.0 Maintain
06/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $47.0 Maintain
05/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
07/09/2017 Broker: Canaccord Genuity Rating: Buy New Target: $52.0 Maintain
07/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $47.0 Maintain
05/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $47.0 Maintain

As exposed in a form that’s filled with the D.C. based-SEC on February 28, 2018, Robert Blakely, director of Westlake Chemical Corp and an insider with a special knowledge about the firm, made a sale of 4,038 shares of the firm for a grant total of $448,218 U.S. Dollars which is calculated with stock price per share of $111.0. Currently, Mr. Robert, holds 7,662 shares, which accounts for 0.01% of Westlake Chemical Corp’s market capitalization.

The stock decreased 0.07% or $0.08 during the last trading session, reaching $111.01. About 170,772 shares traded. Westlake Chemical Corporation (NYSE:WLK) has risen 45.05% since February 28, 2017 and is uptrending. It has outperformed by 28.35% the S&P500.

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.23, from 1.15 in 2017Q2. It improved, as 21 investors sold Westlake Chemical Corporation shares while 61 reduced holdings. 55 funds opened positions while 58 raised stakes. 37.12 million shares or 5.60% less from 39.33 million shares in 2017Q2 were reported. Canada Pension Plan Invest Board holds 0.02% or 97,983 shares. Colony Gru Ltd Liability reported 0.01% in Westlake Chemical Corporation (NYSE:WLK). 13,044 are held by Clinton Gp. Keybank National Association Oh holds 0.01% in Westlake Chemical Corporation (NYSE:WLK) or 16,209 shares. Waratah Cap Advisors Ltd accumulated 0.08% or 7,870 shares. Cubist Systematic Strategies Ltd Liability invested in 0.05% or 10,562 shares. Metropolitan Life New York holds 0% or 1,876 shares. 7,244 were reported by State Of Wisconsin Invest Board. Amalgamated Comml Bank has invested 0.02% in Westlake Chemical Corporation (NYSE:WLK). Manufacturers Life The holds 3,950 shares or 0% of its portfolio. Weiss Multi has 0.15% invested in Westlake Chemical Corporation (NYSE:WLK). Royal Commercial Bank Of Canada reported 0.01% of its portfolio in Westlake Chemical Corporation (NYSE:WLK). Levin Strategies L P stated it has 2,500 shares or 0% of all its holdings. Lsv Asset Mgmt has invested 0.03% in Westlake Chemical Corporation (NYSE:WLK). Goldman Sachs Grp, a New York-based fund reported 1.42M shares.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products. The company has market cap of $14.37 billion. It operates through two divisions, Olefins and Vinyls. It has a 11.1 P/E ratio. The Olefins segment offers ethylene, polyethylene, styrene monomer, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen.

Since February 22, 2018, it had 0 insider buys, and 3 selling transactions for $3.17 million activity. Shares for $443,880 were sold by Bender Mark Steven. Ederington L. Benjamin had sold 6,942 shares worth $773,665. LUKENS MAX L had sold 17,558 shares worth $1.95 million on Thursday, February 22.

Among 18 analysts covering Westlake Chemical (NYSE:WLK), 11 have Buy rating, 2 Sell and 5 Hold. Therefore 61% are positive. Westlake Chemical has $133.0 highest and $52 lowest target. $97.31’s average target is -12.34% below currents $111.01 stock price. Westlake Chemical had 56 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 13 by Cowen & Co. The company was maintained on Wednesday, November 8 by Bank of America. The company was maintained on Friday, August 4 by RBC Capital Markets. The stock of Westlake Chemical Corporation (NYSE:WLK) has “Hold” rating given on Wednesday, January 3 by Vertical Research. The stock has “Outperform” rating by Cowen & Co on Friday, January 8. RBC Capital Markets maintained the shares of WLK in report on Thursday, January 25 with “Buy” rating. As per Thursday, November 9, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Westlake Chemical Corporation (NYSE:WLK) on Monday, September 18 with “Buy” rating. The stock has “Buy” rating by Alembic on Friday, August 11. As per Thursday, December 7, the company rating was maintained by Wells Fargo.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.14, from 1.14 in 2017Q2. It dived, as 23 investors sold Tetra Tech, Inc. shares while 85 reduced holdings. 23 funds opened positions while 85 raised stakes. 46.41 million shares or 2.62% less from 47.66 million shares in 2017Q2 were reported. Water Asset Mngmt Ltd Llc invested 1.37% in Tetra Tech, Inc. (NASDAQ:TTEK). S&T State Bank Pa has invested 2.13% in Tetra Tech, Inc. (NASDAQ:TTEK). Moreover, Glenmede Na has 0.01% invested in Tetra Tech, Inc. (NASDAQ:TTEK). Tiaa Cref Mgmt Ltd Liability Company owns 347,338 shares. Wasatch Advsrs reported 22,194 shares or 0.01% of all its holdings. Moreover, Lapides Asset Ltd Liability Corporation has 1.11% invested in Tetra Tech, Inc. (NASDAQ:TTEK). Rainier Investment Mngmt Ltd Liability Corp stated it has 1.25% in Tetra Tech, Inc. (NASDAQ:TTEK). Elk Creek Prtnrs Ltd Liability Company accumulated 263,721 shares. Pitcairn owns 7,475 shares or 0.04% of their US portfolio. State Board Of Administration Of Florida Retirement System has invested 0.01% in Tetra Tech, Inc. (NASDAQ:TTEK). Proshare Advsr Limited Liability has 0% invested in Tetra Tech, Inc. (NASDAQ:TTEK). Loring Wolcott Coolidge Fiduciary Llp Ma accumulated 7 shares. First Bank Of Omaha reported 0.08% stake. Stifel Corp stated it has 46,131 shares. Credit Agricole S A reported 361,788 shares or 0.06% of all its holdings.

The stock decreased 0.61% or $0.3 during the last trading session, reaching $49.25. About 38,334 shares traded. Tetra Tech, Inc. (NASDAQ:TTEK) has risen 54.98% since February 28, 2017 and is uptrending. It has outperformed by 38.28% the S&P500.

Tetra Tech, Inc. provides consulting and engineering services worldwide. The company has market cap of $2.75 billion. It operates through two divisions, Water, Environment and Infrastructure ; and Resource Management and Energy (RME). It has a 20.63 P/E ratio. The WEI segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and activities and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.

Since October 24, 2017, it had 0 buys, and 10 insider sales for $6.59 million activity. 8,000 shares were sold by GRANT HUGH M, worth $384,000. $705,600 worth of Tetra Tech, Inc. (NASDAQ:TTEK) was sold by CHU RONALD J. 11,033 shares valued at $533,310 were sold by BATRACK DAN L on Wednesday, December 13. $277,411 worth of stock was sold by MCDONALD KEVIN P on Monday, February 5. THOMPSON J KENNETH had sold 8,000 shares worth $400,070 on Wednesday, February 21. $399,267 worth of Tetra Tech, Inc. (NASDAQ:TTEK) was sold by LEWIS J CHRISTOPHER. Shares for $186,362 were sold by BROWNLIE WILLIAM R on Friday, February 9.