Hni Corp (HNI) Files Form 4 Insider Selling : Marco Molinari Sells 46,360 Shares

Hni Corp (HNI): Marco Molinari , Executive Vice President of Hni Corp sold 46,360 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $43.22 per share for a total value of $2,000,473.62 , 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, Bradley D Determan (Executive Vice President) sold 48,092 shares at $43.66 per share price.On Mar 12, 2015, Ronald V Waters (director) purchased 188 shares at $35.82 per share price.Also, On Mar 10, 2015, Steven M Bradford (VP, Gen. Counsel & Sec.) sold 7,184 shares at $50.84 per share price.On Mar 6, 2015, Kurt A Tjaden (VP and Chief Financial Officer) sold 12,931 shares at $50.35 per share price.

HNI Corp: On Friday, May 20, 2016 heightened volatility was witnessed in HNI Corp which led to swings in the share price. The shares opened for trading at $42.42 and hit $43.62 on the upside , eventually ending the session at $43.6, with a gain of 3.51% or 1.48 points. The heightened volatility saw the trading volume jump to 2,28,123 shares. The 52-week high of the share price is $53.75 and the company has a market cap of $1,978 M . The 52-week low of the share price is at $29.84.

HNI Corp Money Flow Index Chart

HNI Corporation (HNI) provides office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. The Company operates through two segments: office furniture and hearth products. The Company’s office furniture segment designs manufactures and markets a broad range of office furniture systems and seating across a range of price points. The Company’s products are sold under the various brands including HON Allsteel Maxon Gunlocke Paoli HBF artcobell Midwest Folding Products American Desk basyx by HON Lamex and ERGO as well as private labels. The Company’s hearth products segment offers products including gas wood and pellet burning fireplaces inserts stoves facings and accessories. The Company sells its products under the brands including Heatilator Heat & Glo Majestic Monessen Quadra-Fire Harman Stove Vermont Castings and PelPro.

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