Continental Building Products, Inc. (CBPX) Files Form 4 Insider Buying : Edward M Bosowski Buys 2,500 Shares

Continental Building Products, Inc. (CBPX): Edward M Bosowski , director of Continental Building Products, Inc. purchased 2,500 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.06 per share for a total value of $52,650.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 4, 2015, James W Bachmann (CEO) purchased 5,610 shares at $18.24 per share price.On Nov 13, 2015, David Richard Obergefell (Senior VP Manufacturing) purchased 3,000 shares at $18.35 per share price.Also, On Nov 10, 2015, Timothy Power (Senior VP, GC, and Secretary) purchased 5,000 shares at $17.21 per share price.

Continental Building Products Inc: On Friday, May 13, 2016 heightened volatility was witnessed in Continental Building Products Inc which led to swings in the share price. The shares opened for trading at $20.9 and hit $21.43 on the upside , eventually ending the session at $20.94, with a gain of 0.19% or 0.04 points. The heightened volatility saw the trading volume jump to 6,36,853 shares. The 52-week high of the share price is $24.21 and the company has a market cap of $853 M . The 52-week low of the share price is at $13.25.

Continental Building Products Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Continental Building Products Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 25 from a previous price target of $22 .The Rating was issued on May 11, 2016.Continental Building Products Inc is Initiated by Longbow to Neutral. The Rating was issued on May 5, 2016.Continental Building Products Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $18 .The Rating was issued on Mar 16, 2016.Continental Building Products Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 18 from a previous price target of $17 .The Rating was issued on Feb 23, 2016.

Continental Building Products Inc. is a manufacturer of gypsum wallboard and complementary finishing products. The Company’s manufacturing facilities and sales efforts are concentrated in the eastern United States and eastern Canada. Gypsum wallboard is a primary building material used in new residential and commercial construction and in repair and remodel (R&R). The Company offers its customers a range of gypsum wallboard products including LiftLite a lightweight wallboard for use on interior walls; Mold Defense line of products designed for enhanced protection against mold and mildew and Weather Defense line of moisture and mold-resistant exterior sheathing. The Company’s wallboard product offerings include LiftLite Firecheck Mold Defense and Rapid Coat. The Company operates its automated manufacturing facilities in Silver Grove (Kentucky) Palatka (Florida) and Buchanan (New York).

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