Meredith Corp (MDP): Frederick B Henry , director of Meredith Corp sold 1,186 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 $51.10 per share for a total value of $60,608.99 , 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 3, 2016, John S Zieser (Chief Development Officer) sold 8,783 shares at $51.21 per share price.On May 3, 2016, Frederick B Henry (director) sold 1,186 shares at $51.10 per share price.Also, On Feb 10, 2016, Donald C Berg (director) purchased 1,115 shares at $38.50 per share price.On Jul 2, 2015, Philip A Marineau (director) sold 6,315 shares at $52.60 per share price.
Meredith Corporation: On Monday, May 2, 2016 heightened volatility was witnessed in Meredith Corporation which led to swings in the share price. The shares opened for trading at $51.27 and hit $51.425 on the upside , eventually ending the session at $51.35, with a gain of 0.08% or 0.04 points. The heightened volatility saw the trading volume jump to 4,10,731 shares. The 52-week high of the share price is $53.81 and the company has a market cap of $2,288 M . The 52-week low of the share price is at $35.03.
Meredith Corporation is a media and marketing company. The Company operates two business segments namely local media and national media. Its national media segment includes national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media brand licensing activities database-related activities and business-to-business marketing products and services. The local media segment consists of the operations of network-affiliated television stations related digital and mobile media and video creation operations. Local media segment consists of 14 owned television stations and one operated television station located across the United States in digital and mobile media and a national video creation unit.