Alamo Group Inc (ALG) Files Form 4 Insider Selling : Jeffery Allen Leonard Sells 2,000 Shares

Alamo Group Inc (ALG): Jeffery Allen Leonard , VP & Gen Mgr Industrial Div of Alamo Group Inc sold 2,000 shares on Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were sold at $63.03 per share for a total value of $126,068.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, Robert H George (VP, Secretary & Treasurer) sold 400 shares at $64.00 per share price.On Jun 30, 2016, Geoff Davies (VP, Managing Dir Europe) sold 3,000 shares at $63.07 per share price.Also, On Jun 28, 2016, Gary L Martin (director) purchased 1,000 shares at $59.10 per share price.On Jun 28, 2016, Eric Etchart (director) purchased 1,000 shares at $58.84 per share price.

Shares of Alamo Group (ALG) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.8 points or -1.25% at $63.38 with 50,971 shares getting traded. Post opening the session at $63.9, the shares hit an intraday low of $62.7 and an intraday high of $64.105 and the price vacillated in this range throughout the day. The company has a market cap of $725 M and the number of outstanding shares has been calculated to be 1,14,39,177 shares. The 52-week high of Alamo Group is $66.37 and the 52-week low is $43.98.

Alamo Group Money Flow Index Chart

Alamo Group Inc. is engaged in the design and manufacture of high quality agricultural equipment and infrastructure maintenance equipment for Governmental and industrial use. The Company’s products include tractor-mounted mowing and other vegetation maintenance equipment street sweepers excavators vacuum trucks snow removal equipment pothole patchers zero turn radius mowers (ZTR’s) agricultural implements and related aftermarket parts and services The Company sells its products through a network of independent dealers and distributors to Governmental end-users related independent contractors as well as to the agricultural and commercial turf markets. The Company operates in the United States England France Canada and Australia. The Company operates in the United States the United Kingdom France Canada and Australia.

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