Fortune Brands Home & Security, Inc. (FBHS) Files Form 4 Insider Selling : David Randich Sells 29,591 Shares

Fortune Brands Home & Security, Inc. (FBHS): David Randich , President MasterBrand Cabinets of Fortune Brands Home & Security, Inc. sold 29,591 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 $57.17 per share for a total value of $1,691,687.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Christopher J Klein (Chief Executive Officer) sold 390,000 shares at $57.19 per share price.On Apr 4, 2016, A D David Mackay (director) sold 20,000 shares at $55.71 per share price.Also, On Mar 7, 2016, E Lee Wyatt (SVP and CFO) sold 31,176 shares at $52.00 per share price.On Feb 22, 2016, David Randich (President MasterBrand Cabinets) sold 75,000 shares at $50.21 per share price.

Shares of Fortune Brands Home & Security Inc (FBHS) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -0.84 points or -1.45% at $57.11 with 17,74,556 shares getting traded. Post opening the session at $57.81, the shares hit an intraday low of $56.92 and an intraday high of $58.09 and the price vacillated in this range throughout the day. The company has a market cap of $9,000 M and the number of outstanding shares has been calculated to be 15,75,93,390 shares. The 52-week high of Fortune Brands Home & Security Inc is $59.98 and the 52-week low is $41.17.

Fortune Brands Home & Security Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Fortune Brands Home & Security Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 65 from a previous price target of $62 .The Rating was issued on Apr 21, 2016.

Fortune Brands Home & Security Inc. is a holding company. The Company through its subsidiaries engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets Plumbing Doors and Security. The Cabinets segment provides cabinetry as well as vanities for the kitchen bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets accessories and kitchen sinks in North America and China predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segment’s products consist of locks safety and security devices manufactured sourced and distributed under the Master Lock brand and fire resistant safes and commercial cabinets manufactured sourced and distributed under the SentrySafe brand.

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