Scholastic Corp (SCHL): Richard Robinson , director officer 10% owner (CEO, Chairman and Pre of Scholastic Corp sold 22,036 shares on Apr 22, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $37.20 per share for a total value of $818,889.44 , 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 22, 2016, Richard Robinson (director officer 10% owner (CEO, Chairman and Pre) sold 44,397 shares at $37.31 per share price.On Nov 30, 2015, Maureen Oconnell (EVP, CAO & CFO) sold 10,681 shares at $43.00 per share price.Also, On Sep 1, 2015, Judith Newman (EVP, President, Book Clubs) sold 6,500 shares at $43.10 per share price.On Aug 25, 2015, Mae Jemison (director) sold 6,000 shares at $40.32 per share price.
Scholastic Corp: On Friday, Apr 22, 2016 heightened volatility was witnessed in Scholastic Corp which led to swings in the share price. The shares opened for trading at $36.71 and hit $37.14 on the upside , eventually ending the session at $37.07, with a gain of 0.90% or 0.33 points. The heightened volatility saw the trading volume jump to 1,22,473 shares. The 52-week high of the share price is $46.28 and the company has a market cap of $1,266 M . The 52-week low of the share price is at $30.34.
On Mar 24, 2016, Scholastic Corp announced a cash dividend of $0.1500. The company’s management has announced Apr 27, 2016 as the ex-dividend date and fixed the record date on Apr 29, 2016. The payable date has been fixed on Jun 15, 2016.
Scholastic Corporation is a publisher and distributor of children’s books. The Company has three segments: Children’s Book Publishing and Distribution Education and International. The Company’s Children’s Book Publishing and Distribution segment includes the publication and distribution of children’s books e-books media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. Its Education segment includes the publication and distribution to schools and libraries of children’s books classroom magazines supplemental classroom materials and print and online reference and non-fiction products for grades pre-K to 12 in the United States. Its International segment includes the publication and distribution of products and services outside the United States by its international operations and its export and foreign rights businesses.