Hillenbrand, Inc. (HI): Joe Anthony Raver , President and CEO of Hillenbrand, Inc. sold 31,610 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $31.02 per share for a total value of $980,425.25 , 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 4, 2016, Diane R Bohman (Sr VP, Chief Adm Officer) sold 7,695 shares at $30.00 per share price.On Aug 14, 2015, Kristina A. Cerniglia (SR VP, Chief Financial Officer) sold 3,300 shares at $29.87 per share price.Also, On Mar 19, 2015, Jan M. Santerre (Sr. VP., Lean Business) sold 3,438 shares at $29.61 per share price.On Jan 2, 2015, Scott P. George (Sr. VP, Corporate Development) sold 1,000 shares at $34.70 per share price.
Hillenbrand: On Friday, May 27, 2016 heightened volatility was witnessed in Hillenbrand which led to swings in the share price. The shares opened for trading at $31.01 and hit $31.21 on the upside , eventually ending the session at $31.21, with a gain of 0.45% or 0.14 points. The heightened volatility saw the trading volume jump to 1,41,238 shares. The 52-week high of the share price is $32 and the company has a market cap of $1,967 M . The 52-week low of the share price is at $24.12.
On May 11, 2016, Hillenbrand announced a cash dividend of $0.2025. The company’s management has announced Jun 14, 2016 as the ex-dividend date and fixed the record date on Jun 16, 2016. The payable date has been fixed on Jun 30, 2016.
Hillenbrand Inc. is a global diversified industrial company that makes and sells business-to-business products and services for a variety of industries. The Company has two segments: the Process Equipment Group and Batesville. The Process Equipment Group has multiple brands of process and material handling equipment and systems serving a variety of industries worldwide. The Process Equipment Group product portfolio includes products and services for compounding extrusion and material handling; crushing and sizing and screening and separating. Batesville is engaged in the North American death care industry where it has been designing manufacturing distributing and selling funeral service products and solutions.