Axalta Coating Systems Ltd. (AXTA): Joseph F. Mcdougall , SVP&Chief Human Resources Off. of Axalta Coating Systems Ltd. sold 1,879 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $27.95 per share for a total value of $52,518.05 , 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 16, 2016, Steven R. Markevich (EVP & Pres., Trans. Coatings) sold 1,794 shares at $27.95 per share price.On May 16, 2016, Michael A. Cash (SVP & Pres., Indus. Coatings) sold 1,420 shares at $27.95 per share price.Also, On Apr 15, 2016, Andreas Kramvis (director) sold 32,100 shares at $30.00 per share price.On Apr 6, 2016, Joseph F. Mcdougall (SVP&Chief Human Resources Off.) sold 81,837 shares at $28.74 per share price.
Shares of Axalta Coating Systems Ltd (AXTA) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.11% at $28.03 with 9,43,403 shares getting traded. Post opening the session at $28, the shares hit an intraday low of $27.78 and an intraday high of $28.19 and the price vacillated in this range throughout the day. The company has a market cap of $6,693 M and the number of outstanding shares has been calculated to be 23,87,81,500 shares. The 52-week high of Axalta Coating Systems Ltd is $36.5 and the 52-week low is $20.67.
Axalta Coating Systems Ltd. is a manufacturer marketer and distributor of coatings systems primarily serving the transportation industry. The Company operates in two business segments: Performance Coatings and Transportation Coatings. Through its Performance Coatings segment the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment the Company provides advanced coating technologies to original equipment manufacturer (OEMs) of light and commercial vehicles. Its products are offered in four key end-markets including the refinish automotive aftermarket industrial light vehicle or automotive original equipment manufacturers (OEM) market and commercial vehicle market. The Company’s products include liquid and powder coatings for motor vehicles OEMs the motor vehicle aftermarket and general industrial applications such as coatings for heavy equipment pipes appliances and electrical insulation.