Msc Industrial Direct Co Inc (MSM) Files Form 4 Insider Selling : David Sandler Sells 1,500 Shares

Msc Industrial Direct Co Inc (MSM): David Sandler , Executive Vice Chairman of Msc Industrial Direct Co Inc sold 1,500 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $74.50 per share for a total value of $111,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, David Sandler (Executive Vice Chairman) sold 5,411 shares at $75.99 per share price.On Apr 29, 2016, Christopher Davanzo (SVP, Finance and Controller) sold 2,106 shares at $76.74 per share price.Also, On Apr 27, 2016, Steve Armstrong (SVP, GC and Corp. Secy.) sold 3,732 shares at $76.50 per share price.On Apr 20, 2016, Charles Bonomo (Senior VP and CIO) sold 2,661 shares at $76.00 per share price.

Shares of MSC Industrial Direct Co Inc (MSM) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.22% at $71.95 with 3,58,717 shares getting traded. Post opening the session at $71.7, the shares hit an intraday low of $71.11 and an intraday high of $72.43 and the price vacillated in this range throughout the day. The company has a market cap of $4,416 M and the number of outstanding shares has been calculated to be 6,13,73,148 shares. The 52-week high of MSC Industrial Direct Co Inc is $78.35 and the 52-week low is $54.19.

MSC Industrial Direct Co Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.MSC Industrial Direct Co Inc is Initiated by Sterne Agee CRT to Neutral. The Rating was issued on Mar 22, 2016.

MSC Industrial Direct Co. Inc. (MSC) is direct marketers and distributors of a range of metalworking and maintenance repair and operations (MRO) products to customers throughout the United States. The Company operates primarily in the United States with customers in all 50 states through a network of five customer fulfillment centers (four customer fulfillment centers are located within the United States and one is located in the United Kingdom and 106 branch offices (104 branches are located within the United States one is located in the United Kingdom and the other is located in Mexico). Its products represent a range of MRO products that include cutting tools; measuring instruments; tooling components; metalworking products; fasteners; flat stock; raw materials; abrasives; machinery hand and power tools; safety and janitorial supplies; plumbing supplies; materials handling products; power transmission components and electrical supplies.

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