Matthews International Corp (MATW): David A Schawk , President, Brand Solutions of Matthews International Corp sold 50,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $50.69 per share for a total value of $2,534,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 4, 2016, Tunon Alvaro Garcia (director) purchased 2,500 shares at $47.00 per share price.On Dec 15, 2015, David A Schawk (President, Brand Solutions) sold 25,000 shares at $59.96 per share price.Also, On Nov 13, 2015, Paul F Rahill (President, Cremation Division) sold 3,992 shares at $57.02 per share price.On Oct 30, 2015, Paul C. Jensen (President, Marking and Fulfill) sold 1,552 shares at $57.53 per share price.
Shares of Matthews International Corp (MATW) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.55 points or -1.05% at $51.89 with 65,799 shares getting traded. Post opening the session at $52.3, the shares hit an intraday low of $51.58 and an intraday high of $52.53 and the price vacillated in this range throughout the day. The company has a market cap of $1,713 M and the number of outstanding shares has been calculated to be 3,30,08,131 shares. The 52-week high of Matthews International Corp is $61.1 and the 52-week low is $45.
Matthews International Corporation is a designer manufacturer and marketer of memorialization products and brand solutions. The Company’s products and operations consist of six business segments: Cemetery Products Funeral Home Products Cremation Graphics Imaging Marking and Fulfillment Systems and Merchandising Solutions. The Cemetery Products segment manufactures cast bronze and granite memorials and other memorialization products cast and etched architectural products and is a builder of mausoleums in the United States. The Funeral Home Products segment manufactures caskets distributes and produces wood metal and cremation caskets. The Cremation segment is a designer and manufacturer of cremation equipment in North America and Europe. The Graphics Imaging segment manufactures and provides brand solutions printing plates gravure cylinders pre-press services and imaging services for the packaging and corrugated industries.