Neenah Paper Inc (NP): Steven S Heinrichs , SVP, General Counsel & Sec of Neenah Paper Inc sold 7,870 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $68.20 per share for a total value of $536,734.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Julie Schertell (SVP, President FP&P.) sold 700 shares at $67.33 per share price.On May 17, 2016, James R Piedmonte (SVP, Operations) sold 2,390 shares at $68.00 per share price.Also, On Apr 19, 2016, Stephen Michael Wood (director) sold 1,870 shares at $65.00 per share price.On Mar 1, 2016, Armin Schwinn (SVP, Mng Dir, Neenah Germany) sold 3,604 shares at $60.60 per share price.
Neenah Paper: On Wednesday, May 25, 2016 heightened volatility was witnessed in Neenah Paper which led to swings in the share price. The shares opened for trading at $68.04 and hit $68.8 on the upside , eventually ending the session at $68.33, with a gain of 0.87% or 0.59 points. The heightened volatility saw the trading volume jump to 47,741 shares. The 52-week high of the share price is $69.63 and the company has a market cap of $1,144 M . The 52-week low of the share price is at $52.7.
Neenah Paper Inc. (Neenah) has two primary businesses: technical products business and fine paper and packaging business. The Companys technical products business is engaged in the production of filter media for transportation water and other markets and saturated and coated substrates for industrial products backings and a variety of other end markets. The technical products brands include JET-PRO SofStretch KIMDURA MUNISING LP PREVAIL NEENAH GESSNER and varieties. The Companys fine paper and packaging business supplies printing packaging and other specialty papers in North America. The fine paper and packaging brands include CLASSIC ENVIRONMENT CAPITOL BOND ROYAL SUNDANCE SOUTHWORTH CLASSIC CREST ESSE ASTROBRIGHTS and EXACT BRIGHTS. In addition the Company also operates other segment which includes the Index Tag and Vellum Bristol product lines.