Masco Corp /de/ (MAS) Files Form 4 Insider Selling : Richard A Manoogian Sells 77,959 Shares

Masco Corp /de/ (MAS): Richard A Manoogian , director of Masco Corp /de/ sold 77,959 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $31.33 per share for a total value of $2,442,252.75 , 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 6, 2016, J Michael Losh (director) sold 648 shares at $30.84 per share price.On May 5, 2016, Dennis W Archer (director) sold 680 shares at $30.95 per share price.Also, On May 2, 2016, John C Plant (director) purchased 50 shares at $26.52 per share price.On Apr 4, 2016, Lokeren Mary Ann Van (director) sold 767 shares at $31.28 per share price.

Masco Corp: On Friday, May 20, 2016 heightened volatility was witnessed in Masco Corp which led to swings in the share price. The shares opened for trading at $31.66 and hit $32.09 on the upside , eventually ending the session at $31.78, with a gain of 1.37% or 0.43 points. The heightened volatility saw the trading volume jump to 27,92,423 shares. The 52-week high of the share price is $32.92 and the company has a market cap of $10,575 M . The 52-week low of the share price is at $22.52.

Masco Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Masco Corp is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 36 from a previous price target of $32 .The Rating was issued on Apr 27, 2016.Masco Corp is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 29 from a previous price target of $27 .The Rating was issued on Apr 27, 2016.

Masco Corporation manufactures distributes and installs home improvement and building products. The Company’s segments include Cabinets and Related Products Plumbing Products Installation and Other Services Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets and home office workstations entertainment centers storage products; bookcases and kitchen utility products. Its Plumbing Products include faucets plumbing fittings and valves showerheads and hand showers bathtubs and shower enclosures toilets and spas. The Installation and Other Services includes the sale installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains and cabinet door window and other hardware. Its Other Specialty Products include windows window frame components and patio doors staple gun tackers staples and other fastening tools.

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