Carlisle Companies Inc (CSL): John W Altmeyer , President, CCM of Carlisle Companies Inc sold 52,224 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $104.89 per share for a total value of $5,464,684.00 , 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 2, 2016, Steven J Ford (V.P., Chief Financial Officer) sold 24,568 shares at $103.65 per share price.On Feb 18, 2016, D Christian Koch (CEO & President) sold 14,988 shares at $87.09 per share price.Also, On Nov 20, 2015, John E Berlin (President, CIT) sold 11,575 shares at $85.92 per share price.On Nov 6, 2015, David A Roberts (Chairman & CEO) sold 97,850 shares at $86.98 per share price.
Carlisle Companies: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in Carlisle Companies which led to swings in the share price. The shares opened for trading at $102.39 and hit $105.7897 on the upside , eventually ending the session at $103.95, with a gain of 4.05% or 4.05 points. The heightened volatility saw the trading volume jump to 9,59,088 shares. The 52-week high of the share price is $104.99 and the company has a market cap of $6,673 M . The 52-week low of the share price is at $75.17.
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.