Carlisle Companies Inc (CSL) Files Form 4 Insider Selling : David A Roberts Sells 67,133 Shares

Carlisle Companies Inc (CSL): David A Roberts , Executive Chairman of Carlisle Companies Inc sold 67,133 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $102.89 per share for a total value of $6,907,314.50 , 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 12, 2016, David A Roberts (Executive Chairman) sold 67,133 shares at $102.89 per share price.On May 10, 2016, Lawrence A Sala (director) sold 4,000 shares at $102.07 per share price.Also, On May 4, 2016, John E Berlin (President, CIT) sold 18,575 shares at $102.55 per share price.On May 4, 2016, John W Altmeyer (President, CCM) sold 24,791 shares at $102.46 per share price.

Carlisle Companies: On Tuesday, May 10, 2016 heightened volatility was witnessed in Carlisle Companies which led to swings in the share price. The shares opened for trading at $102.35 and hit $103.26 on the upside , eventually ending the session at $103.16, with a gain of 1.07% or 1.09 points. The heightened volatility saw the trading volume jump to 3,99,581 shares. The 52-week high of the share price is $105.7897 and the company has a market cap of $6,622 M . The 52-week low of the share price is at $75.17.

Carlisle Companies Money Flow Index Chart

Company has been under the radar of several Street Analysts.Carlisle Companies is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 102 from a previous price target of $93 .The Rating was issued on Apr 28, 2016.Carlisle Companies is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $110 .The Rating was issued on Apr 27, 2016.

Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber thermoplastic polyolefin and polyvinyl chloride membrane roofing systems. The Carlisle Interconnect Technologies segment designs and manufactures wire cable connectors contacts and cable assemblies for the transfer of power and data for the aerospace medical defense electronics test and measurement equipment. The Carlisle Brake & Friction segment’s products include brakes and friction material and clutch and transmission friction material. The Carlisle FoodService Products segment is a manufacturer distributor and seller of commercial foodservice and janitorial products.

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