Altria Group, Inc. (MO): Nabil Y Sakkab , director of Altria Group, Inc. purchased 4,000 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $63.20 per share for a total value of $252,800.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Brian W. Quigley (President & CEO, USSTC) sold 3,000 shares at $63.66 per share price.On Nov 24, 2015, Daniel J Bryant (Vice President & Treasurer) sold 310 shares at $58.12 per share price.Also, On Nov 18, 2015, Martin J. Barrington (Chairman, CEO & President) sold 18,500 shares at $56.56 per share price.On Nov 17, 2015, Nabil Y Sakkab (director) purchased 4,532 shares at $56.44 per share price.
Shares of Altria Group Inc (MO) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.39 points or -0.62% at $62.96 with 48,15,445 shares getting traded. Post opening the session at $63.59, the shares hit an intraday low of $62.76 and an intraday high of $63.7 and the price vacillated in this range throughout the day. The company has a market cap of $123,177 M and the number of outstanding shares has been calculated to be 1,95,64,24,800 shares. The 52-week high of Altria Group Inc is $65.53 and the 52-week low is $47.31.
Company has been under the radar of several Street Analysts.Altria Group Inc is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 24, 2016.
Altria Group Inc. is a holding company. The Company’s reportable segments include smokeable products smokeless products and wine. As of December 31 2014 Altria Group Inc.’s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA) which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton) which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco and is a wholly owned subsidiary of PM USA and UST LLC (UST) which through its wholly owned subsidiaries including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.