Ashland Inc. (ASH) Files Form 4 Insider Selling : J Kevin Willis Sells 1,183 Shares

Ashland Inc. (ASH): J Kevin Willis , Chief Financial Officer of Ashland Inc. sold 1,183 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $110.99 per share for a total value of $131,301.17 , 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, Anne T. Schumann (Vice President) sold 195 shares at $115.00 per share price.On Apr 4, 2016, Peter Ganz (Senior Vice President) sold 3,000 shares at $109.30 per share price.Also, On Nov 25, 2015, J Kevin Willis (Chief Financial Officer) sold 1,173 shares at $111.38 per share price.On Nov 23, 2015, Keith C Silverman (Vice President) sold 733 shares at $111.89 per share price.

Shares of Ashland Inc (ASH) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.97 points or -0.87% at $111.04 with 2,74,424 shares getting traded. Post opening the session at $110.99, the shares hit an intraday low of $110.74 and an intraday high of $112.53 and the price vacillated in this range throughout the day. The company has a market cap of $6,891 M and the number of outstanding shares has been calculated to be 6,20,60,722 shares. The 52-week high of Ashland Inc is $132.38 and the 52-week low is $88.3.

Ashland Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ashland Inc is Resumed by Credit Suisse to Outperform and the brokerage firm has raised the Price Target to $ 118 from a previous price target of $109 .The Rating was issued on Mar 24, 2016.

Ashland Inc. (Ashland) is a specialty chemical company that provides products services and solutions to industries. The Company’s segments are: Ashland Specialty Ingredients offers products technologies and resources in key markets including personal and home care pharmaceutical food and beverage coatings construction energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp paper mining food and beverage power generation refining chemical processing general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing cost-efficient resin and adhesive technologies that improve the manufacturing fabrication and design process and Ashland Consumer Markets delivers premium-branded automotive commercial and industrial lubricants automotive chemicals and car-care products.

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