Meritor Inc (MTOR): William J Lyons , director of Meritor Inc purchased 2,799 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $8.01 per share for a total value of $22,419.99 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 3, 2015, Jeffrey A Craig (CEO & President) sold 19,496 shares at $10.34 per share price.On Dec 3, 2015, Paul Bialy (VP, Controller & PAO) sold 2,655 shares at $10.32 per share price.Also, On Dec 3, 2015, Joseph A. Plomin (Pres., International) sold 4,323 shares at $10.34 per share price.On Dec 3, 2015, Chris Villavarayan (Pres., Americas) sold 1,510 shares at $10.35 per share price.
Shares of Meritor Inc (MTOR) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -2.61% at $7.85 with 10,81,341 shares getting traded. Post opening the session at $7.91, the shares hit an intraday low of $7.75 and an intraday high of $8.06 and the price vacillated in this range throughout the day. The company has a market cap of $718 M and the number of outstanding shares has been calculated to be 9,14,73,543 shares. The 52-week high of Meritor Inc is $14.62 and the 52-week low is $5.69.
Meritor Inc. is engaged in the development manufacture sale assembly distribution import and export of movement control systems for buses trailers and trucks and their parts and components. It serves commercial truck trailer bus and coach and off-highway machinery manufacturers. The Company’s segments include commercial truck and industrial and aftermarket and trailer. Its commercial truck and industrial segment supplies drivetrain systems and components including axles drivelines braking and suspension systems primarily for medium- and heavy-duty trucks in North America South America and Europe. This segment also supplies components for defense construction bus and coach mining fire and emergency applications and Aftermarket and Trailer segment which supplies new and remanufactured axles brakes suspensions transmissions and components for all-makes aftermarket customers and also supplies a variety of undercarriage products and systems for trailer applications.