Itt Inc. (ITT) Files Form 4 Insider Selling : Aris C Chicles Sells 90,778 Shares

Itt Inc. (ITT): Aris C Chicles , officer of Itt Inc. sold 90,778 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $35.61 per share for a total value of $3,229,747.00 , 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 26, 2016, Thomas M Scalera (Executive VP & CFO) sold 7,019 shares at $36.00 per share price.On Mar 11, 2016, Denise L Ramos (CEO and President) sold 152,594 shares at $35.86 per share price.Also, On Nov 3, 2015, Geraud Darnis (director) purchased 10,000 shares at $39.31 per share price.On Feb 18, 2015, Munish Nanda (SVP & Pres., Control Tech.) sold 18,711 shares at $41.10 per share price.

Shares of ITT Corp (ITT) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.23% at $35.43 with 3,21,751 shares getting traded. Post opening the session at $35.19, the shares hit an intraday low of $34.87 and an intraday high of $35.49 and the price vacillated in this range throughout the day. The company has a market cap of $3,192 M and the number of outstanding shares has been calculated to be 9,01,00,000 shares. The 52-week high of ITT Corp is $43.96 and the 52-week low is $29.15.

ITT Corp Money Flow Index Chart

On May 11, 2016, ITT Corp announced a cash dividend of $0.1240. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jul 1, 2016.

ITT Corporation (ITT) is a diversified manufacturer of engineered critical components and technology solutions for industrial markets. The Company’s product and service offerings are organized in four segments: Industrial Process Motion Technologies Interconnect Solutions and Control Technologies. Industrial Process manufactures engineered fluid process equipment and is a provider of plant optimization solutions and aftermarket services and parts. Motion Technologies manufactures brake components shock absorbers and damping technologies for the automotive truck and trailer public bus and rail transportation markets. Interconnect Solutions manufactures and designs a range of engineered connector solutions that makes it possible to transfer signal and power between electronic devices. Control Technologies manufactures equipment including actuation valves and noise and energy absorption components for the aerospace and defense and industrial markets.

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