Belden Inc. (BDC) Files Form 4 Insider Selling : Ross Rosenberg Sells 713 Shares

Belden Inc. (BDC): Ross Rosenberg , SVP, Bus. Dev. & Strategy of Belden Inc. sold 713 shares on Jul 14, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $69.00 per share for a total value of $49,197.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Ross Rosenberg (SVP, Bus. Dev. & Strategy) sold 713 shares at $59.25 per share price.On Feb 26, 2016, Glenn Kalnasy (director) sold 3,500 shares at $53.13 per share price.Also, On Aug 3, 2015, Doug Zink (VP and CAO) purchased 510 shares at $59.09 per share price.On Aug 3, 2015, John M Monter (director) purchased 8,580 shares at $59.11 per share price.

Belden: On Wednesday, Jul 13, 2016 heightened volatility was witnessed in Belden which led to swings in the share price. The shares opened for trading at $68.1 and hit $68.29 on the upside , eventually ending the session at $68.11, with a gain of 0.71% or 0.48 points. The heightened volatility saw the trading volume jump to 4,90,958 shares. The 52-week high of the share price is $77.93 and the company has a market cap of $2,865 M . The 52-week low of the share price is at $36.51.

Belden Money Flow Index Chart

Belden Inc. is a signal transmission solutions provider. The Company’s portfolio of signal transmission solutions provides industry secure and reliable transmission of data sound and video for mission critical applications. The Company operates in four segments: Broadcast Solutions which provides production distribution and connectivity systems for television broadcast cable satellite and IPTV industries; Enterprise Connectivity Solutions which provides network infrastructure solutions for enterprise customers; Industrial Connectivity Solutions which provides infrastructure components and connectivity systems for a range of industrial automation applications and Industrial IT Solutions which provides mission-critical networking systems. Its brands include Belden Alpha Wire Mohawk West Penn Wire Hirschmann SignalTight GarrettCom Poliron Tofino PPC Grass Valley ProSoft Technology and Tripwire. It sells products to distributors end-users installers and OEMs.

Leave a Reply

Belden - Is it time to Sell?

Top Brokerage Firms are advising their investors on Belden. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.