Northwest Pipe Co (NWPX) Files Form 4 Insider Buying : Harry L Demorest Buys 2,000 Shares

Northwest Pipe Co (NWPX): Harry L Demorest , director of Northwest Pipe Co purchased 2,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.62 per share for a total value of $19,245.90 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Harry L Demorest (director) purchased 2,000 shares at $9.50 per share price.

Northwest Pipe Company: On Tuesday, May 10, 2016 heightened volatility was witnessed in Northwest Pipe Company which led to swings in the share price. The shares opened for trading at $9.61 and hit $10.05 on the upside , eventually ending the session at $10.02, with a gain of 4.38% or 0.42 points. The heightened volatility saw the trading volume jump to 27,151 shares. The 52-week high of the share price is $23.6999 and the company has a market cap of $96 M . The 52-week low of the share price is at $7.4608.

Northwest Pipe Company Money Flow Index Chart

Northwest Pipe Company is a North American manufacturer of large diameter high-pressure steel pipeline systems for use in water infrastructure applications primarily related to drinking water systems. The Company operates through two segments: Water Transmission and Tubular Products. The Company’s Water Transmission segment primarily produces steel pipeline systems for use in drinking water infrastructure. The Tubular Products segment primarily produces steel line pipe products for energy applications. The Company manufactures other welded steel pipe products for use in a range of applications including energy construction agriculture and industrial uses. The Company’s pipeline systems are also used for hydroelectric power systems wastewater systems and other applications. The Company also makes products for industrial plant piping systems and certain structural applications.

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