Carlisle Companies Inc (CSL) Files Form 4 Insider Selling : David A Roberts Sells 97,740 Shares

Carlisle Companies Inc (CSL): David A Roberts , Executive Chairman of Carlisle Companies Inc sold 97,740 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $101.42 per share for a total value of $9,872,450.00 , 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 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.Also, On May 4, 2016, David A Roberts (Executive Chairman) sold 97,740 shares at $101.42 per share price.On May 2, 2016, Steven J Ford (V.P., Chief Financial Officer) sold 24,568 shares at $103.65 per share price.

Shares of Carlisle Companies (CSL) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -1.14 points or -1.13% at $99.64 with 4,90,362 shares getting traded. Post opening the session at $100.51, the shares hit an intraday low of $98.98 and an intraday high of $100.53 and the price vacillated in this range throughout the day. The company has a market cap of $6,396 M and the number of outstanding shares has been calculated to be 6,41,90,869 shares. The 52-week high of Carlisle Companies is $105.7897 and the 52-week low is $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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