Ingredion Inc (INGR): Diane J Frisch , Sr. VP, Human Resources of Ingredion Inc sold 6,400 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $118.99 per share for a total value of $761,518.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Jack C Fortnum (Exec. VP and CFO) sold 10,000 shares at $117.95 per share price.On Aug 17, 2015, Diane J Frisch (Sr. VP, Human Resources) sold 9,800 shares at $92.92 per share price.Also, On Aug 5, 2015, Matthew R Galvanoni (Vice Pres and Corp Controller) sold 2,200 shares at $89.63 per share price.On Aug 3, 2015, James P. Zallie (Ex VP Global Spec & Pres NA) sold 18,500 shares at $86.00 per share price.
Shares of Ingredion Inc (INGR) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -1.36 points or -1.14% at $118.3 with 9,69,590 shares getting traded. Post opening the session at $120.14, the shares hit an intraday low of $118.12 and an intraday high of $120.22 and the price vacillated in this range throughout the day. The company has a market cap of $8,516 M and the number of outstanding shares has been calculated to be 7,19,87,000 shares. The 52-week high of Ingredion Inc is $120.54 and the 52-week low is $79.31.
On May 18, 2016, Ingredion Inc announced a cash dividend of $0.4500. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 25, 2016.
Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries including packaged food beverage brewing industrial pharmaceutical and personal care customers. The Company operates in four business segments: North America South America Asia Pacific and EMEA. North America segment consists of operations in the United States Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular modified waxy and tapioca starches fructose and maltose syrups and syrup solids dextrins and maltodextrins dextrose specialty starches caramel color sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches glucose and dextrose in England Germany and Pakistan.