Ennis, Inc. (EBF) Files Form 4 Insider Selling : Irshad Ahmad Sells 30,983 Shares

Ennis, Inc. (EBF): Irshad Ahmad , other of Ennis, Inc. sold 30,983 shares on Apr 18, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $19.59 per share for a total value of $606,666.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, Irshad Ahmad (other) sold 1,824 shares at $19.68 per share price.On Jan 13, 2015, Kenneth G Pritchett (director) purchased 1,372 shares at $12.80 per share price.

Ennis: On Monday, Apr 18, 2016 heightened volatility was witnessed in Ennis which led to swings in the share price. The shares opened for trading at $19.32 and hit $19.85 on the upside , eventually ending the session at $19.71, with a gain of 0.92% or 0.18 points. The heightened volatility saw the trading volume jump to 1,88,369 shares. The 52-week high of the share price is $21.55 and the company has a market cap of $509 M . The 52-week low of the share price is at $13.62.

Ennis Money Flow Index Chart

Currently the company Insiders own 4.2% of Ennis shares according to the proxy statements.Institutional Investors own 79.39% of Ennis shares.

Ennis Inc. (Ennis) prints and manufactures a range of business forms and other business products and also manufactures activewear for distribution throughout North America. The Company operates in two segments: Print and Apparel. The Print Segment distributes business products and forms throughout the United States primarily through independent dealers. This distributor channel consists of print distributors stationers quick printers computer software developers and advertising agencies among others. The Apparel Segment produces and sells activewear including t-shirts fleece goods and other wearables. Distribution of its activewear throughout the United States Canada and Mexico is primarily through sales representatives. The distributor channel consists of activewear wholesalers and screen printers. It offers a range of activewear apparel and hats with a variety of styles and colors in sizes ranging from toddler to 6XL. The apparel line features a variety of tees and fleece.

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