Griffon Corp (GFF) Files Form 4 Insider Buying : Louis J. Grabowsky Buys 1,500 Shares

Griffon Corp (GFF): Louis J. Grabowsky , director of Griffon Corp purchased 1,500 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 $16.52 per share for a total value of $24,780.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 5, 2015, Louis J. Grabowsky (director) purchased 2,000 shares at $17.45 per share price.On May 7, 2015, Robert F Mehmel (COO) purchased 35,000 shares at $15.85 per share price.Also, On May 6, 2015, Ronald J Kramer (CEO) purchased 20,000 shares at $15.84 per share price.

Griffon Corporation: On Monday, May 16, 2016 heightened volatility was witnessed in Griffon Corporation which led to swings in the share price. The shares opened for trading at $16.33 and hit $16.57 on the upside , eventually ending the session at $16.48, with a gain of 1.17% or 0.19 points. The heightened volatility saw the trading volume jump to 1,20,820 shares. The 52-week high of the share price is $19.24 and the company has a market cap of $768 M . The 52-week low of the share price is at $13.45.

Griffon Corporation Money Flow Index Chart

On May 4, 2016, Griffon Corporation announced a cash dividend of $0.0500. The company’s management has announced May 25, 2016 as the ex-dividend date and fixed the record date on May 27, 2016. The payable date has been fixed on Jun 23, 2016.

Griffon Corporation (Griffon) is a diversified management and holding company that conducts business through its wholly-owned subsidiaries. The Home & Building Products (HBP) segment of the Company consists of two companies Ames True Temper Inc. (ATT) and Clopay Building Products (CBP). ATT provides non-powered landscaping products for homeowners and professionals. CBP manufactures and sells residential commercial and industrial garage doors to professional installing dealers and major home center retail chains. Telephonics Corporation (Telephonics) designs develops and manufactures high-technology integrated information communication and sensor system solutions for military and commercial markets. Clopay Plastic Products Company (Plastics) develops and produces embossed laminated and printed specialty plastic films used in a variety of hygienic health-care and industrial applications.

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