Badger Meter Inc (BMI) Files Form 4 Insider Selling : Fred J Begale Sells 460 Shares

Badger Meter Inc (BMI): Fred J Begale , VP-Engineering of Badger Meter Inc sold 460 shares on Apr 22, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $70.67 per share for a total value of $32,508.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, Beverly L P Smiley (VP-Controller) sold 1,518 shares at $67.33 per share price.On Mar 10, 2016, Kimberly K Stoll (VP-Sales & Marketing) sold 335 shares at $66.28 per share price.Also, On Mar 3, 2016, Fred J Begale (VP-Engineering) sold 290 shares at $66.28 per share price.On Mar 3, 2016, Gregory M Gomez (VP-Flow Instrumentation) sold 900 shares at $66.28 per share price.

Shares of Badger Meter (BMI) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -0.27% at $71.09 with 1,28,705 shares getting traded. Post opening the session at $71.6, the shares hit an intraday low of $70.425 and an intraday high of $72.6894 and the price vacillated in this range throughout the day. The company has a market cap of $1,032 M and the number of outstanding shares has been calculated to be 1,45,22,255 shares. The 52-week high of Badger Meter is $76.61 and the 52-week low is $51.63.

Badger Meter Money Flow Index Chart

Company has been under the radar of several Street Analysts.Badger Meter is Downgraded by Robert W. Baird to Neutral and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $67 .Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 20, 2016.Badger Meter is Initiated by Sidoti to Neutral. The Rating was issued on Apr 12, 2016.Badger Meter is Downgraded by Ladenburg Thalmann to Sell. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 18, 2016.Badger Meter is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 63 from a previous price target of $59 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 3, 2016.

Badger Meter Inc. is a manufacturer and marketer of products incorporating flow measurement and control technologies serving markets around the world. The Company offers products to measure water oil chemicals and other fluids. Its three product lines include sales of water meters and related technologies to municipal water utilities (municipal water) sales of meters to various industries for water and other fluids (flow instrumentation) and sales of gas meter radios and concrete vibrators to markets (specialty products). Municipal water offering includes mechanical and electronic (static) water meters and related technologies and services used by water utilities for generating water and wastewater. Flow instrumentation category includes the sale of meters and valves to measure and control materials flowing through a pipe. Its specialty products include the sale of radio technology to natural gas utilities for installation on their gas meters.

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