Oil-Dri Shares Drop After Insider Selling

Insider transaction leads to stock price decline for specialty chemicals company

Mar. 16, 2026 at 2:38pm

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Shares of Oil-Dri Corporation of America (NYSE: ODC) fell after an insider sold 6,000 shares of the company's stock. The stock opened at $63.32, down from the previous close of $65.43, as a result of the insider transaction.

Why it matters

Insider transactions can provide valuable insights into a company's performance and future prospects. The sale of a significant number of shares by a director may signal potential concerns or changes within the organization.

The details

Specifically, Director Paul Hindsley sold 6,000 shares of Oil-Dri Corporation of America's stock on March 13th at an average price of $63.90, for a total value of $383,400. Following the sale, Hindsley still owns 11,000 shares in the company, valued at $702,900.

  • The insider transaction took place on March 13, 2026.
  • The stock opened at $63.32 on March 16, 2026, down from the previous close of $65.43.

The players

Oil-Dri Corporation of America

A specialty materials company that develops, manufactures, and markets sorbent and filtration products for industrial, environmental, and consumer applications.

Paul Hindsley

A director at Oil-Dri Corporation of America who sold 6,000 shares of the company's stock.

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The takeaway

The insider sale by a director at Oil-Dri Corporation of America may raise questions about the company's short-term outlook, as insider transactions can provide insights into a firm's performance and future prospects.