Scholastic Corp (SCHL) Files Form 4 Insider Selling : Maureen Oconnell Sells 56,526 Shares

Scholastic Corp (SCHL): Maureen Oconnell , EVP, CAO & CFO of Scholastic Corp sold 56,526 shares on Jul 7, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $40.00 per share for a total value of $2,261,065.75 , 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 7, 2016, Maureen Oconnell (EVP, CAO & CFO) sold 600 shares at $40.00 per share price.On Apr 28, 2016, Richard Robinson (director officer 10% owner (CEO, Chairman and Pre) sold 19,390 shares at $37.15 per share price.Also, On Sep 1, 2015, Judith Newman (EVP, President, Book Clubs) sold 6,500 shares at $43.10 per share price.On Aug 25, 2015, Mae Jemison (director) sold 6,000 shares at $40.32 per share price.

Scholastic Corp: On Friday, Jul 8, 2016 heightened volatility was witnessed in Scholastic Corp which led to swings in the share price. The shares opened for trading at $39.94 and hit $40.05 on the upside , eventually ending the session at $39.73, with a gain of 0.15% or 0.06 points. The heightened volatility saw the trading volume jump to 1,14,222 shares. The 52-week high of the share price is $45.09 and the company has a market cap of $1,356 M . The 52-week low of the share price is at $30.34.

Scholastic Corp Money Flow Index Chart

Scholastic Corporation is a publisher and distributor of children’s books. The Company has three segments: Children’s Book Publishing and Distribution Education and International. The Company’s Children’s Book Publishing and Distribution segment includes the publication and distribution of children’s books e-books media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. Its Education segment includes the publication and distribution to schools and libraries of children’s books classroom magazines supplemental classroom materials and print and online reference and non-fiction products for grades pre-K to 12 in the United States. Its International segment includes the publication and distribution of products and services outside the United States by its international operations and its export and foreign rights businesses.

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