Kaman Corp (KAMN): E Reeves Iii Callaway , director of Kaman Corp sold 2,361 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $41.72 per share for a total value of $98,494.55 , 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 11, 2016, Robert D. Starr (CFO) purchased 1,000 shares at $41.79 per share price.On May 11, 2016, Neal J Keating (CEO) purchased 2,000 shares at $41.69 per share price.Also, On Mar 15, 2016, E Reeves Iii Callaway (director) sold 2,379 shares at $40.27 per share price.On Dec 16, 2015, Thomas W Rabaut (director) purchased 2,485 shares at $40.32 per share price.
Kaman Corporation: On Monday, May 16, 2016 heightened volatility was witnessed in Kaman Corporation which led to swings in the share price. The shares opened for trading at $41.7 and hit $41.91 on the upside , eventually ending the session at $41.75, with a gain of 0.60% or 0.25 points. The heightened volatility saw the trading volume jump to 90,013 shares. The 52-week high of the share price is $44.27 and the company has a market cap of $1,130 M . The 52-week low of the share price is at $35.09.
Kaman Corporation is a diversified company that conducts business in the aerospace and distribution markets. The Company operates in two segments: Distribution and Aerospace. The Distribution segment is a power transmission motion control electrical and automation and fluid power industrial distributor. The Aerospace segment produces and markets aircraft bearings and components; metallic and composite aero structures for commercial military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the United States and allied militaries; subcontract helicopter work; support for its SH-2G Super Seasprite maritime helicopters and K-MAX manned and unmanned medium-to-heavy lift helicopters and engineering design analysis and certification services. Its brands include KAron and K-MAX. Its customers include the United States military Sikorsky Aircraft Corporation The Boeing Company Bell Helicopter Lockheed Martin and Raytheon.