Orbital Atk, Inc. (OA) Files Form 4 Insider Selling : Frank L. Jr. Culbertson Sells 550 Shares

Orbital Atk, Inc. (OA): Frank L. Jr. Culbertson , Executive Vice President of Orbital Atk, Inc. sold 550 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 $89.04 per share for a total value of $48,818.77 , 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 18, 2016, David W Thompson (President and CEO) sold 5,000 shares at $87.02 per share price.On Mar 21, 2016, Thomas E Mccabe (Senior VP and General Counsel) sold 495 shares at $79.76 per share price.Also, On Jan 6, 2016, Scott L Webster (director) sold 1,392 shares at $94.00 per share price.On Jan 6, 2016, Harrison H Schmitt (director) sold 1,000 shares at $91.95 per share price.

Orbital ATK Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Orbital ATK Inc which led to swings in the share price. The shares opened for trading at $87.3 and hit $88.8 on the upside , eventually ending the session at $88.56, with a gain of 1.76% or 1.53 points. The heightened volatility saw the trading volume jump to 3,03,738 shares. The 52-week high of the share price is $94.92 and the company has a market cap of $5,186 M . The 52-week low of the share price is at $56.06.

Orbital ATK Inc Money Flow Index Chart

On May 4, 2016, Orbital ATK Inc announced a cash dividend of $0.3000. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 23, 2016.

Orbital ATK Inc. formerly Alliant Techsystems Inc. is an aerospace and defense company. The Company designs builds and delivers space defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group which develops and produces military small- medium- and large-caliber ammunition small-caliber commercial ammunition propulsion systems strike weapons precision weapons and munitions gun systems aircraft survivability systems fuzes and warheads and special mission aircraft and Space Systems Group which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting conduct space-related scientific research and perform other activities related to national security.

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