Badger Meter Inc (BMI) Files Form 4 Insider Selling : William R A Bergum Sells 2,250 Shares

Badger Meter Inc (BMI): William R A Bergum , VP-Gen. Counsel and Secretary of Badger Meter Inc sold 2,250 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $65.09 per share for a total value of $146,450.03 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Ronald H Dix (director other) sold 1,600 shares at $66.21 per share price.On Sep 2, 2016, Fred J Begale (VP-Engineering) sold 1,720 shares at $66.00 per share price.Also, On Apr 26, 2016, Beverly L P Smiley (VP-Controller) sold 500 shares at $71.00 per share price.On Apr 25, 2016, Raymond G Serdynski (VP-Manufacturing) sold 4,500 shares at $71.10 per share price.

Badger Meter: On Monday, Sep 12, 2016 heightened volatility was witnessed in Badger Meter which led to swings in the share price. The shares opened for trading at $64.19 and hit $65.86 on the upside , eventually ending the session at $65.81, with a gain of 2.11% or 1.36 points. The heightened volatility saw the trading volume jump to 84,907 shares. The 52-week high of the share price is $78.72 and the company has a market cap of $957 M . The 52-week low of the share price is at $52.7975.

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Badger Meter Inc. is a manufacturer and marketer of products incorporating flow measurement and control technologies serving markets around the world. The Company offers products to measure water oil chemicals and other fluids. Its three product lines include sales of water meters and related technologies to municipal water utilities (municipal water) sales of meters to various industries for water and other fluids (flow instrumentation) and sales of gas meter radios and concrete vibrators to markets (specialty products). Municipal water offering includes mechanical and electronic (static) water meters and related technologies and services used by water utilities for generating water and wastewater. Flow instrumentation category includes the sale of meters and valves to measure and control materials flowing through a pipe. Its specialty products include the sale of radio technology to natural gas utilities for installation on their gas meters.

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