Neenah Paper Inc (NP): Stephen Michael Wood , director of Neenah Paper Inc sold 1,870 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 $65.00 per share for a total value of $121,550.00 , 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 1, 2016, Armin Schwinn (SVP, Mng Dir, Neenah Germany) sold 3,604 shares at $60.60 per share price.On Nov 30, 2015, Sean T Erwin (director) sold 6,000 shares at $65.30 per share price.Also, On Nov 30, 2015, Bonnie Cruickshank Lind (SVP, CFO & Treasurer) sold 1,814 shares at $65.20 per share price.On Oct 26, 2015, John P O’donnell (President and CEO) sold 10,903 shares at $64.75 per share price.
Neenah Paper: On Monday, Apr 18, 2016 heightened volatility was witnessed in Neenah Paper which led to swings in the share price. The shares opened for trading at $64.44 and hit $65.22 on the upside , eventually ending the session at $65.19, with a gain of 0.56% or 0.36 points. The heightened volatility saw the trading volume jump to 65,219 shares. The 52-week high of the share price is $69.63 and the company has a market cap of $1,090 M . The 52-week low of the share price is at $52.7.
Currently the company Insiders own 1.8% of Neenah Paper shares according to the proxy statements.Institutional Investors own 87.29% of Neenah Paper shares.
Neenah Paper Inc. (Neenah) has two primary businesses: technical products business and fine paper and packaging business. The Companys technical products business is engaged in the production of filter media for transportation water and other markets and saturated and coated substrates for industrial products backings and a variety of other end markets. The technical products brands include JET-PRO SofStretch KIMDURA MUNISING LP PREVAIL NEENAH GESSNER and varieties. The Companys fine paper and packaging business supplies printing packaging and other specialty papers in North America. The fine paper and packaging brands include CLASSIC ENVIRONMENT CAPITOL BOND ROYAL SUNDANCE SOUTHWORTH CLASSIC CREST ESSE ASTROBRIGHTS and EXACT BRIGHTS. In addition the Company also operates other segment which includes the Index Tag and Vellum Bristol product lines.