Crown Holdings Inc (CCK) Files Form 4 Insider Selling : Jozef Salaerts Sells 20,399 Shares

Crown Holdings Inc (CCK): Jozef Salaerts , President-Asia Pacific Div. of Crown Holdings Inc sold 20,399 shares on Apr 25, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $53.49 per share for a total value of $1,089,154.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 29, 2015, David A. Beaver (VP and Corporate Controller) sold 1,000 shares at $52.89 per share price.On Feb 24, 2015, Jozef Salaerts (President-Asia Pacific Div.) sold 20,000 shares at $51.75 per share price.

Crown Holdings: On Friday, Apr 22, 2016 heightened volatility was witnessed in Crown Holdings which led to swings in the share price. The shares opened for trading at $53.47 and hit $54.5 on the upside , eventually ending the session at $54.11, with a gain of 1.79% or 0.95 points. The heightened volatility saw the trading volume jump to 16,93,073 shares. The 52-week high of the share price is $57.08 and the company has a market cap of $7,554 M . The 52-week low of the share price is at $43.3.

Crown Holdings Money Flow Index Chart

Company has been under the radar of several Street Analysts.Crown Holdings is Upgraded by BofA/Merrill to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 19, 2016.

Crown Holdings Inc. is engaged in design manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions Americas Europe and Asia Pacific. Within each Division the Company is organized along product lines. Within the Americas Division the Company operates Americas Beverage and North America Food. Within the European Division the Company operates European Beverage and European Food. The Company’s Asia Pacific Division consists of beverage can operations and also includes the Company’s non-beverage can operations such as food cans and specialty packaging. The Company also operates European aerosol and specialty packaging business its North American aerosol can business and its tooling and equipment operations in the United States and United Kingdom. The Company’s products include steel and aluminum cans for food beverage household and other consumer products and metal vacuum closures and caps.

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