Performance Sports Group Ltd. (PSG) Files Form 4 Insider Buying : Daniel M. Friedberg Buys 270,000 Shares

Performance Sports Group Ltd. (PSG): Daniel M. Friedberg , director of Performance Sports Group Ltd. purchased 270,000 shares on Apr 28, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.67 per share for a total value of $991,662.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, Daniel M. Friedberg (director) purchased 171,311 shares at $3.70 per share price.On Apr 26, 2016, Mark J Vendetti (CFO) purchased 20,000 shares at $3.60 per share price.Also, On Oct 28, 2015, Kevin M. Davis (CEO) purchased 10,000 shares at $11.35 per share price.On Sep 11, 2015, Paul Gibson (EVP,Chief Supply Chain Officer) purchased 4,800 shares at $13.01 per share price.

Performance Sports Group Ltd: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in Performance Sports Group Ltd which led to swings in the share price. The shares opened for trading at $3.7 and hit $3.79 on the upside , eventually ending the session at $3.68, with a gain of 0.82% or 0.03 points. The heightened volatility saw the trading volume jump to 8,20,681 shares. The 52-week high of the share price is $21.72 and the company has a market cap of $168 M . The 52-week low of the share price is at $2.8.

Performance Sports Group Ltd Money Flow Index Chart

Company has been under the radar of several Street Analysts.Performance Sports Group Ltd is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 3 from a previous price target of $3.50 . The Rating was issued on Apr 18, 2016.Performance Sports Group Ltd is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 28, 2016.Performance Sports Group Ltd is Downgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 14, 2016.Performance Sports Group Ltd is Reiterated by DA Davidson to Buy while Lowering the Price Target of the company shares to $ 4 from a previous price target of $10 . The Rating was issued on Mar 10, 2016.Performance Sports Group Ltd is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 5 from a previous price target of $9 . The Rating was issued on Mar 9, 2016.

Performance Sports Group Ltd. is engaged in the design manufacture and distribution of performance sports equipment for ice hockey roller hockey baseball and softball lacrosse as well as related apparel and accessories including soccer apparel. The Company’s segments include Hockey Baseball/Softball and Other Sports. The Hockey segment includes the Bauer and Mission brands. The Baseball/Softball segment includes the Easton and Combat brands. Its Other Sports includes the Lacrosse and Soccer operating segments which includes the Maverik and Cascade brands for Lacrosse and the Inaria brand for Soccer. The ice hockey products include skates helmets protective gear sticks team apparel and accessories. The roller hockey products include skates helmets protective gear sticks and accessories. The baseball and softball products include bats gloves helmets protective gear apparel and accessories. The lacrosse products include sticks helmets protective gear and apparel.

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