Domtar Corp (UFS): Michael Fagan , President, Personal Care of Domtar Corp sold 10,000 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $36.96 per share for a total value of $369,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2015, Michael Fagan (President, Personal Care) sold 4,500 shares at $40.00 per share price.On Feb 27, 2015, John David Williams (President and CEO) sold 21,426 shares at $44.15 per share price.
Shares of Domtar Corp (USA) (UFS) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.13% at $37.25 with 5,63,823 shares getting traded. Post opening the session at $37.25, the shares hit an intraday low of $36.77 and an intraday high of $37.41 and the price vacillated in this range throughout the day. The company has a market cap of $2,334 M and the number of outstanding shares has been calculated to be 6,26,57,297 shares. The 52-week high of Domtar Corp (USA) is $45.77 and the 52-week low is $29.88.
Company has been under the radar of several Street Analysts.Domtar Corp (USA) is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 6, 2016.
Domtar Corporation designs manufactures markets and distributes a range of fiber-based products including communication papers specialty and packaging papers and absorbent hygiene products. The Company operates in two business segments: Pulp and Paper and Personal Care. The Company’s Pulp and Paper segment is engaged in the design manufacturing marketing and distribution of communication papers specialty and packaging papers as well as softwood fluff and hardwood market pulp. The Company’s Personal Care segment is involved in the manufacturing marketing and distribution of absorbent hygiene products. The Company is an integrated marketer and manufacturer of uncoated freesheet paper in North America for a range of customers including merchants retail outlets stationers printers publishers converters and end-users. It is also a marketer and producer of a broad line of incontinence care products.