Altria Group, Inc. (MO): Brian W. Quigley , President & CEO, USSTC of Altria Group, Inc. sold 3,000 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $63.66 per share for a total value of $190,992.59 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 24, 2015, Daniel J Bryant (Vice President & Treasurer) sold 310 shares at $58.12 per share price.On Nov 18, 2015, Martin J. Barrington (Chairman, CEO & President) sold 18,500 shares at $56.56 per share price.Also, On Nov 17, 2015, Nabil Y Sakkab (director) purchased 4,532 shares at $56.44 per share price.On Mar 16, 2015, Denise F. Keane (EVP & General Counsel) sold 25,000 shares at $52.10 per share price.
Altria Group Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Altria Group Inc which led to swings in the share price. The shares opened for trading at $63.98 and hit $64.65 on the upside , eventually ending the session at $64.6, with a gain of 1.48% or 0.94 points. The heightened volatility saw the trading volume jump to 64,89,199 shares. The 52-week high of the share price is $64.65 and the company has a market cap of $126,385 M . The 52-week low of the share price is at $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.