Steelcase Inc (SCS) Files Form 4 Insider Selling : Sara E Armbruster Sells 15,000 Shares

Steelcase Inc (SCS): Sara E Armbruster , VP, Strategy, Research & NBI of Steelcase Inc sold 15,000 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $0.00 per share for a total value of $0.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 29, 2016, Sara E Armbruster (VP, Strategy, Research & NBI) sold 14,000 shares at $13.50 per share price.On Nov 3, 2015, Eddy F Schmitt (Senior VP, Americas) sold 10,745 shares at $19.61 per share price.Also, On Oct 19, 2015, Lizbeth S O’shaughnessy (SVP, CAO, GC and Secretary) sold 40,000 shares at $19.67 per share price.On Oct 13, 2015, David C Sylvester (Senior Vice President, CFO) sold 15,700 shares at $19.69 per share price.

Steelcase: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Steelcase which led to swings in the share price. The shares opened for trading at $13.14 and hit $14.6 on the upside , eventually ending the session at $14.51, with a gain of 12.83% or 1.65 points. The heightened volatility saw the trading volume jump to 29,83,718 shares. The 52-week high of the share price is $20.37 and the company has a market cap of $1,729 M . The 52-week low of the share price is at $11.67.

Steelcase Money Flow Index Chart

Steelcase Inc. (Steelcase) provides an integrated portfolio of furniture settings user-centered technologies and interior architectural products. The Company’s furniture portfolio includes panel-based and freestanding furniture systems and complementary products such as storage tables and ergonomic worktools. Its seating products include task chairs which are ergonomic seating that can be used in collaborative or casual settings and specialty seating for specific vertical markets such as healthcare and education. The Company’s technology solutions support group collaboration by integrating furniture and technology. Its interior architectural products include full and partial height walls and doors. The Company’s family of brands include Steelcase Coalesse Details Designtex PolyVision and Turnstone. The Company’s operational segments include Americas Europe the Middle East and Africa (EMEA) Other Category and Corporate.

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