Nci Building Systems Inc (NCS) Files Form 4 Insider Selling : Norman C Chambers Sells 132,960 Shares

Nci Building Systems Inc (NCS): Norman C Chambers , Chairman & CEO of Nci Building Systems Inc sold 132,960 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $15.90 per share for a total value of $2,120,560.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Norman C Chambers (Chairman & CEO) sold 360,282 shares at $16.00 per share price.On Mar 16, 2016, Mark E Johnson (CFO) sold 18,000 shares at $12.88 per share price.Also, On Mar 16, 2016, Todd R Moore (EVP, GC & Secretary) sold 50,000 shares at $12.74 per share price.On Feb 12, 2016, Eric James Brown (EVP & CIO) sold 8,000 shares at $9.34 per share price.

Shares of NCI Building Systems Inc (NCS) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.64 points or -3.96% at $15.54 with 5,22,252 shares getting traded. Post opening the session at $15.53, the shares hit an intraday low of $15.3 and an intraday high of $15.7 and the price vacillated in this range throughout the day. The company has a market cap of $1,135 M and the number of outstanding shares has been calculated to be 7,30,39,779 shares. The 52-week high of NCI Building Systems Inc is $16.63 and the 52-week low is $9.07.

NCI Building Systems Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.NCI Building Systems Inc is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 18 from a previous price target of $17 .The Rating was issued on Jun 2, 2016.NCI Building Systems Inc is Initiated by FBR Capital to Outperform and the brokerage firm has set the Price Target at $17. The Rating was issued on Jun 1, 2016.NCI Building Systems Inc is Downgraded by DA Davidson to Neutral and the brokerage firm has set the Price Target at $16. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 19, 2016.

NCI Building Systems Inc. is a manufacturer and marketer of metal products for the nonresidential construction industry. The Company provides metal coil coating services for commercial and construction applications servicing customers. The Company design engineers manufactures and markets metal components and engineered building systems in the industry. The Company operates in three segments including metal coil coating metal components and engineered building systems. The metal coil coating segment consists of cleaning treating painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users. The metal components segment products include metal roof and wall panels doors metal partitions metal trim insulated panels and other related accessories. The engineered building systems segment includes the manufacturing of main frames Long-Bay Systems and value-added engineering and drafting.

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