Us Concrete Inc (USCR) Files Form 4 Insider Selling : Colin Mcgill Sutherland Sells 200 Shares

Us Concrete Inc (USCR): Colin Mcgill Sutherland , director of Us Concrete Inc sold 200 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $60.76 per share for a total value of $12,152.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.US Concrete Inc is Upgraded by Citigroup to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 5, 2016.

Currently the company Insiders own 10% of US Concrete Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.85%.Institutional Investors own 88.21% of US Concrete Inc shares.During last six month period, the net percent change held by insiders has seen a change of -10.85%.

Shares of US Concrete Inc (USCR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.61 points or -2.58% at $60.89 with 3,51,869 shares getting traded. Post opening the session at $63.07, the shares hit an intraday low of $60.54 and an intraday high of $63.07 and the price vacillated in this range throughout the day. The company has a market cap of $925 M and the number of outstanding shares has been calculated to be 1,51,94,236 shares. The 52-week high of US Concrete Inc is $63.67 and the 52-week low is $33.04.

US Concrete Inc Money Flow Index Chart

U.S. Concrete Inc. is a producer of ready-mixed concrete in select markets in the United States. The Company operates through two segments: ready-mixed concrete and aggregate products. Its ready-mixed concrete engages in the formulation production and delivery of ready-mixed concrete to its customers’ job sites. It provides ready-mixed concrete from its operations in north Texas west Texas northern California New Jersey New York Washington D.C. and Oklahoma. Its aggregate products segment produces crushed stone sand and gravel from seven aggregates facilities located in New Jersey and Texas. Its customers include contractors for commercial and industrial residential street and highway and other public works construction. It has approximately 139 ready-mixed concrete plants 16 volumetric ready-mixed concrete facilities and 12 producing aggregates facilities. Its Wantage Stone reserves a site development quarry which include an 80 acre land that is located in New Jersey.

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