Columbus Mckinnon Corp (CMCO) Files Form 4 Insider Selling : Alan S Korman Sells 2,000 Shares

Columbus Mckinnon Corp (CMCO): Alan S Korman , VP, Gen’l Counsel & Secretary of Columbus Mckinnon Corp sold 2,000 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 $17.92 per share for a total value of $35,824.00 , 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 4, 2015, Stephanie K Kushner (director) sold 1,000 shares at $27.00 per share price.On Feb 27, 2015, Richard A Steinberg (V.P. – Human Resources) sold 8,647 shares at $26.54 per share price.Also, On Feb 24, 2015, Gene P Buer (VP Global Svs/Vertical Markets) sold 1,786 shares at $25.79 per share price.

Columbus McKinnon Corp.: On Monday, Sep 12, 2016 heightened volatility was witnessed in Columbus McKinnon Corp. which led to swings in the share price. The shares opened for trading at $17.9 and hit $18.08 on the upside , eventually ending the session at $18.05, with a gain of 0.56% or 0.1 points. The heightened volatility saw the trading volume jump to 31,027 shares. The 52-week high of the share price is $21.625 and the company has a market cap of $365 M . The 52-week low of the share price is at $12.62.

Columbus McKinnon Corp. Money Flow Index Chart

Columbus McKinnon Corporation is a global designer manufacturer and marketer of hoists rigging tools cranes actuators and other material handling products serving a range of commercial and industrial end user markets. The Company’s products include a range of electric air-powered lever and hand hoists hoist trolleys winches industrial crane systems such as steel bridge gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments such as hooks shackles textile slings clamps logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders. The Company’s products are used in a range of industries including manufacturing power generation and distribution utilities wind power warehouses commercial construction oil and gas exploration and refining ship building transportation and heavy duty trucking agriculture logging and mining.

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