Bluelinx Holdings Inc. (BXC) Files Form 4 Insider Selling : Whitney Randolph Iii Patterson Sells 42,666 Shares

Bluelinx Holdings Inc. (BXC): Whitney Randolph Iii Patterson , VP AND CHIEF HR OFFICER of Bluelinx Holdings Inc. sold 42,666 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $0.72 per share for a total value of $30,891.23 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 18, 2015, Alan H Schumacher (director) sold 7,750 shares at $0.93 per share price.

Shares of BlueLinx Holdings (BXC) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -4.11% at $0.7 with 85,483 shares getting traded. Post opening the session at $0.708, the shares hit an intraday low of $0.66 and an intraday high of $0.73 and the price vacillated in this range throughout the day. The company has a market cap of $63 M and the number of outstanding shares has been calculated to be 9,00,37,255 shares. The 52-week high of BlueLinx Holdings is $1.15 and the 52-week low is $0.3.

BlueLinx Holdings Money Flow Index Chart

BlueLinx Holdings Inc. (BlueLinx) is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 49 distribution centers. It distributes approximately 10000 products from over 750 suppliers to service approximately 11500 customers across the nation including dealers industrial manufacturers manufactured housing producers and home improvement retailers. It distributes products in two categories: structural products and specialty products. It provides a range of value-added services and solutions to its customers and suppliers including less-than-truckload delivery services; pre-negotiated program pricing plans; inventory stocking; automated order processing through an electronic data interchange (EDI); intermodal distribution services and backhaul services.

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