Trigran Investments’ Holdings: Douglas Granat and Larry Oberman’s Top Moves

2. KMG Chemicals, Inc. (NYSE:KMG)

On the other hand, in KMG Chemicals, Inc. (NYSE:KMG), Trigran cut its stake by 43% to 766,999 shares. Nevertheless, the position, valued at $37.33 million, was the fund’s third-largest heading into the third quarter. KMG Chemicals, Inc. (NYSE:KMG) is a $600 million producer of specialty chemicals, whose stock has soared by 23% since the beginning of 2017. The company has been flying under the radar due to its small size, but this could change soon, given KMG Chemicals, Inc. (NYSE:KMG)’s acquisition spree. Since 2008, the company has completed seven acquisitions, including two this year alone. In addition, KMG Chemicals, Inc. (NYSE:KMG)’s financials have been improving, with the company having posted solid revenue growth in the last two quarters, as it managed to beat both top and bottom-line estimates. Aside from Trigran, other investors of KMG Chemicals, Inc. (NYSE:KMG) include Peter Algert and Kevin Coldiron’s Algert Coldiron Investors and Chuck Royce’s Royce & Associates.

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