Central Garden & Pet Co (CENT) Files Form 4 Insider Selling : John Ranelli Sells 16,918 Shares

Central Garden & Pet Co (CENT): John Ranelli , President and CEO of Central Garden & Pet Co sold 16,918 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $18.47 per share for a total value of $314,816.25 , 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, William E Brown (Chairman) sold 20,000 shares at $18.41 per share price.On May 13, 2016, Michael A Reed (Executive Vice President) sold 18,538 shares at $18.27 per share price.Also, On May 11, 2016, Howard Machek (Chief Accounting Officer) sold 6,000 shares at $18.75 per share price.On May 9, 2016, David N Chichester (director) sold 10,000 shares at $17.00 per share price.

Central Garden & Pet Co: On Thursday, May 19, 2016 heightened volatility was witnessed in Central Garden & Pet Co which led to swings in the share price. The shares opened for trading at $17.85 and hit $18.19 on the upside , eventually ending the session at $17.93, with a gain of 0.22% or 0.04 points. The heightened volatility saw the trading volume jump to 1,36,901 shares. The 52-week high of the share price is $19.72 and the company has a market cap of $903 M . The 52-week low of the share price is at $8.47.

Central Garden & Pet Co Money Flow Index Chart

Company has been under the radar of several Street Analysts.Central Garden & Pet Co is Initiated by KeyBanc Capital Mkts to Sector Weight. The Rating was issued on Feb 22, 2016.

Central Garden & Pet Company is a marketer and producer of branded products. The Company is the supplier of pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Garden Products and Pet Products. The Company’s pet supplies products include products for dogs and cats including edible bones premium healthy edible and non-edible chews super premium dog and cat food and treats toys pet carriers grooming supplies and other accessories; products for birds among others. The Company’s lawn and garden supplies products include proprietary and non-proprietary grass seed; wild bird feed bird feeders bird houses and other birding accessories; weed grass ant and other herbicide insecticide and pesticide products; and decorative outdoor lifestyle and lighting products including pottery trellises and other wood products and holiday lighting.

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