Cenveo, Inc (CVO): Robert G Sr Burton , CEO of Cenveo, Inc purchased 114,000 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.90 per share for a total value of $102,600.00 , 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 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.Also, On Dec 21, 2015, Mark J Griffin (director) purchased 7,500 shares at $1.06 per share price.On Dec 18, 2015, Ian R Scheinmann (SVP, Legal Affairs) purchased 5,000 shares at $1.12 per share price.
Cenveo: On Monday, May 16, 2016 heightened volatility was witnessed in Cenveo which led to swings in the share price. The shares opened for trading at $0.9 and hit $1.11 on the upside , eventually ending the session at $1.06, with a gain of 17.78% or 0.16 points. The heightened volatility saw the trading volume jump to 23,57,504 shares. The 52-week high of the share price is $2.7 and the company has a market cap of $72 M . The 52-week low of the share price is at $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.