Westlake Chemical Ownership

WLK Stock  USD 129.16  1.25  0.98%   
Westlake Chemical retains a total of 128.71 Million outstanding shares. Westlake Chemical maintains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 73.35 (%) of Westlake Chemical outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost one hundred fourty-one thousand five hundred seventy-seven invesors are currently shorting Westlake Chemical expressing very little confidence in its future performance.
 
Shares in Circulation  
First Issued
2003-06-30
Previous Quarter
129.4 M
Current Value
129.3 M
Avarage Shares Outstanding
129.5 M
Quarterly Volatility
6.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Westlake Chemical in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Westlake Chemical, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Westlake Chemical's Dividends Paid is quite stable compared to the past year. Dividend Payout Ratio is expected to rise to 0.48 this year, although the value of Dividend Yield will most likely fall to 0.01. Common Stock Shares Outstanding is expected to rise to about 136 M this year. Net Income Applicable To Common Shares is expected to rise to about 2.7 B this year.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

Westlake Stock Ownership Analysis

About 73.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.54. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westlake Chemical has Price/Earnings To Growth (PEG) ratio of 1.59. The entity last dividend was issued on the 26th of November 2024. The firm had 2:1 split on the 19th of March 2014. Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14550 people. For more information please call JeanMarc Gilson at 713 960 9111 or visit https://www.westlake.com.
Besides selling stocks to institutional investors, Westlake Chemical also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Westlake Chemical's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Westlake Chemical's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Westlake Chemical Quarterly Liabilities And Stockholders Equity

21.11 Billion

Westlake Chemical Insider Trades History

About 73.0% of Westlake Chemical are currently held by insiders. Unlike Westlake Chemical's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Westlake Chemical's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Westlake Chemical's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Westlake Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Westlake Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westlake Chemical backward and forwards among themselves. Westlake Chemical's institutional investor refers to the entity that pools money to purchase Westlake Chemical's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2024-06-30
648.4 K
Citadel Advisors Llc2024-06-30
578 K
Geode Capital Management, Llc2024-06-30
529.1 K
Proshare Advisors Llc2024-09-30
454.9 K
First Trust Advisors L.p.2024-06-30
444 K
Norges Bank2024-06-30
395.3 K
Bank Of New York Mellon Corp2024-06-30
338.6 K
Ubs Asset Mgmt Americas Inc2024-09-30
318.3 K
Northern Trust Corp2024-09-30
271.2 K
Vanguard Group Inc2024-09-30
3.9 M
Blackrock Inc2024-06-30
3.4 M
Note, although Westlake Chemical's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Westlake Chemical Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Westlake Chemical insiders, such as employees or executives, is commonly permitted as long as it does not rely on Westlake Chemical's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Westlake Chemical insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
M Bender over a week ago
Disposition of 4854 shares by M Bender of Westlake Chemical at 137.57 subject to Rule 16b-3
 
Robert Buesinger over three months ago
Disposition of 2772 shares by Robert Buesinger of Westlake Chemical at 145.44 subject to Rule 16b-3
 
Robert Buesinger over three months ago
Disposition of 7051 shares by Robert Buesinger of Westlake Chemical subject to Rule 16b-3
 
David Chao over three months ago
Disposition of 1136 shares by David Chao of Westlake Chemical subject to Rule 16b-3
 
Robert Buesinger over three months ago
Acquisition by Robert Buesinger of 3073 shares of Westlake Chemical subject to Rule 16b-3
 
Jeff Holy over six months ago
Disposition of 1927 shares by Jeff Holy of Westlake Chemical at 122.65 subject to Rule 16b-3
 
Johnathan Zoeller over six months ago
Acquisition by Johnathan Zoeller of 293 shares of Westlake Chemical at 86.5379 subject to Rule 16b-3
 
James Chao over six months ago
Disposition of 36632 shares by James Chao of Westlake Chemical subject to Rule 16b-3
 
Johnathan Zoeller over six months ago
Disposition of 296 shares by Johnathan Zoeller of Westlake Chemical at 108.1175 subject to Rule 16b-3
 
Robert Buesinger over six months ago
Disposition of 122 shares by Robert Buesinger of Westlake Chemical at 144.5 subject to Rule 16b-3
 
Mark Bender over six months ago
Disposition of 4804 shares by Mark Bender of Westlake Chemical at 141.019 subject to Rule 16b-3
 
Mark Bender over six months ago
Disposition of 5558 shares by Mark Bender of Westlake Chemical subject to Rule 16b-3

Westlake Chemical's latest congressional trading

Congressional trading in companies like Westlake Chemical, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Westlake Chemical by those in governmental positions are based on the same information available to the general public.
2020-08-24Representative James ComerAcquired Under $15KVerify

Westlake Chemical Outstanding Bonds

Westlake Chemical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Westlake Chemical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Westlake bonds can be classified according to their maturity, which is the date when Westlake Chemical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Westlake Chemical Corporate Filings

10Q
6th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
22nd of May 2024
Other Reports
ViewVerify

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.05
Earnings Share
0.72
Revenue Per Share
94.405
Quarterly Revenue Growth
0.001
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.