Inventure Foods, Inc. (SNAK) Files Form 4 Insider Selling : Daniel W. Hammer Sells 6,055 Shares

Inventure Foods, Inc. (SNAK): Daniel W. Hammer , SVP GM-Frozen Division of Inventure Foods, Inc. sold 6,055 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $7.16 per share for a total value of $43,353.80 , 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 17, 2016, Steve Weinberger (CFO) sold 9,936 shares at $5.80 per share price.On Mar 6, 2015, Edward Brian Foster (SVP-Operations) sold 6,407 shares at $10.50 per share price.

Inventure Foods Inc: On Friday, May 6, 2016 heightened volatility was witnessed in Inventure Foods Inc which led to swings in the share price. The shares opened for trading at $6.91 and hit $7.18 on the upside , eventually ending the session at $7.08, with a gain of 2.46% or 0.17 points. The heightened volatility saw the trading volume jump to 1,20,369 shares. The 52-week high of the share price is $11.24 and the company has a market cap of $139 M . The 52-week low of the share price is at $4.91.

Inventure Foods Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Inventure Foods Inc is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 10 from a previous price target of $13 . The Rating was issued on Feb 26, 2016.

Inventure Foods Inc. is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in two segments: frozen products and snack products. The frozen products segment produces frozen fruits vegetables beverages and frozen desserts for sale primarily to groceries club stores and mass merchandisers. All products sold under its frozen products segment are considered part of the healthy/natural food category. The snack products segment produces potato chips kettle chips potato crisps potato skins pellet snacks sheeted dough products and extruded products for sale primarily to snack food distributors and retailers. The products sold under its snack products segment includes products considered part of the indulgent specialty snack food category as well as products considered part of the healthy/natural food category. The Company operates manufacturing facilities in eight locations.

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