Crown Holdings Inc (CCK): Jozef Salaerts , Former Pres – Asia Pacific Div of Crown Holdings Inc sold 1,500 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $54.61 per share for a total value of $81,915.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, Gerard H Gifford (President – European Division) sold 15,000 shares at $53.79 per share price.On Apr 26, 2016, Jozef Salaerts (President-Asia Pacific Div.) sold 20,399 shares at $53.49 per share price.Also, On Oct 29, 2015, David A. Beaver (VP and Corporate Controller) sold 1,000 shares at $52.89 per share price.
Shares of Crown Holdings (CCK) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.85 points or -1.54% at $54.2 with 11,34,366 shares getting traded. Post opening the session at $54.69, the shares hit an intraday low of $54 and an intraday high of $54.72 and the price vacillated in this range throughout the day. The company has a market cap of $7,560 M and the number of outstanding shares has been calculated to be 13,94,77,290 shares. The 52-week high of Crown Holdings is $57.08 and the 52-week low is $43.3.
Company has been under the radar of several Street Analysts.Crown Holdings is Initiated by Goldman to Neutral. The Rating was issued on May 12, 2016.Crown Holdings is Upgraded by BofA/Merrill to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 19, 2016.
Crown Holdings Inc. is engaged in design manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions Americas Europe and Asia Pacific. Within each Division the Company is organized along product lines. Within the Americas Division the Company operates Americas Beverage and North America Food. Within the European Division the Company operates European Beverage and European Food. The Company’s Asia Pacific Division consists of beverage can operations and also includes the Company’s non-beverage can operations such as food cans and specialty packaging. The Company also operates European aerosol and specialty packaging business its North American aerosol can business and its tooling and equipment operations in the United States and United Kingdom. The Company’s products include steel and aluminum cans for food beverage household and other consumer products and metal vacuum closures and caps.