Cenveo, Inc (CVO): Ian R Scheinmann , SVP, Legal Affairs of Cenveo, Inc purchased 4,900 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.02 per share for a total value of $4,998.00 , 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 17, 2016, Robert G Jr Burton (President) purchased 24,399 shares at $0.91 per share price.On May 17, 2016, Robert G Sr Burton (CEO) purchased 114,000 shares at $0.90 per share price.Also, On May 16, 2016, Michael G Burton (COO) purchased 111,112 shares at $0.90 per share price.On May 16, 2016, Gerald S Armstrong (director) purchased 40,000 shares at $0.93 per share price.
Shares of Cenveo (CVO) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -1.96% at $1 with 5,57,884 shares getting traded. Post opening the session at $1.07, the shares hit an intraday low of $0.9911 and an intraday high of $1.08 and the price vacillated in this range throughout the day. The company has a market cap of $68 M and the number of outstanding shares has been calculated to be 6,78,73,560 shares. The 52-week high of Cenveo is $2.7 and the 52-week low is $0.2886.
Cenveo Inc. is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting commercial printing label manufacturing and specialty packaging. The Company operates through three segments: Envelope Print and Label and Packaging. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users including financial institutions insurance companies and telecommunications companies. The Company’s Print segment primarily caters to the consumer products automotive travel and leisure and telecommunications industries. The Company’s Label and Packaging segment produces a line of custom labels for a range of industries including manufacturing warehousing packaging food and beverage and health and beauty.