Deltic Timber Corp (DEL) Files Form 4 Insider Selling : David V Meghreblian Sells 4,855 Shares

Deltic Timber Corp (DEL): David V Meghreblian , VICE PRESIDENT, REAL ESTATE of Deltic Timber Corp sold 4,855 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $64.71 per share for a total value of $314,173.84 , 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 2, 2016, David V Meghreblian (VICE PRESIDENT, REAL ESTATE) sold 1,074 shares at $57.67 per share price.On Dec 22, 2015, Jim F Jr Andrews (VP, Gen. Counsel & Secretary) purchased 1,500 shares at $60.45 per share price.Also, On Nov 30, 2015, Ray C Dillon (President and CEO) sold 8,742 shares at $65.00 per share price.On Mar 3, 2015, Kenneth Dewayne Mann (VP, CFO & Treasurer) sold 3,101 shares at $65.70 per share price.

Deltic Timber Corp: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Deltic Timber Corp which led to swings in the share price. The shares opened for trading at $64.28 and hit $65.39 on the upside , eventually ending the session at $65.11, with a gain of 1.13% or 0.73 points. The heightened volatility saw the trading volume jump to 28,514 shares. The 52-week high of the share price is $70.29 and the company has a market cap of $791 M . The 52-week low of the share price is at $50.84.

Deltic Timber Corp Money Flow Index Chart

Deltic Timber Corporation (Deltic) is a vertically integrated natural resources company. The Company is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates in four segments: Woodlands which manages all aspects of the Company’s timberlands including harvesting and sale of timber timberland sales and acquisitions oil and gas revenues timberland management and leasing of hunting land; Manufacturing which consists of Deltic’s two sawmills that manufacture a variety of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate which includes the Company’s four active real estate developments and a related country club operation and Corporate which consists of executive management and the staff functions of accounting legal information systems human resources purchasing treasury and income tax that provide support services to the operating business units.

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