Mead Johnson Nutrition Co (MJN): Christoper Richard Stratton , SVP and President, Asia of Mead Johnson Nutrition Co sold 33,730 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $86.68 per share for a total value of $2,923,059.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 14, 2015, Michel Martinus Gerardus Cup (CFO) purchased 4,000 shares at $76.50 per share price.On Nov 25, 2015, Robert S Singer (director) sold 4,000 shares at $81.77 per share price.Also, On Sep 15, 2015, Clesteen A Clark (director) purchased 500 shares at $76.05 per share price.On Sep 2, 2015, Anna C Catalano (director) sold 1,125 shares at $76.60 per share price.
Mead Johnson Nutrition CO: On Monday, May 2, 2016 heightened volatility was witnessed in Mead Johnson Nutrition CO which led to swings in the share price. The shares opened for trading at $87.16 and hit $87.48 on the upside , eventually ending the session at $87.46, with a gain of 0.36% or 0.31 points. The heightened volatility saw the trading volume jump to 21,52,961 shares. The 52-week high of the share price is $98.34 and the company has a market cap of $16,326 M . The 52-week low of the share price is at $65.53.
Company has been under the radar of several Street Analysts.Mead Johnson Nutrition CO is Upgraded by Credit Suisse to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 16, 2016.
Mead Johnson Nutrition Company (Mead Johnson) is a global pediatric nutrition company. The Company manufactures distributes and sells infant formulas children’s nutrition and other nutritional products. Its product portfolio includes routine and specialty infant formulas childrens milks and milk modifiers dietary supplements for pregnant and breastfeeding mothers pediatric vitamins and products for pediatric metabolic disorders. The Company operates through three segments: Asia Latin America and North America/Europe. The Company’s Enfa family of brands including Enfamil infant formula is a brand franchise in pediatric nutrition. Its product portfolio addresses a range of nutritional needs for infants children and expectant and nursing mothers. The Company markets its portfolio of more than 70 products to mothers healthcare professionals and retailers in more than 50 countries in Asia North America Latin America and Europe.