New York Times Co (NYT) Files Form 4 Insider Selling : James M Follo Sells 54,898 Shares

New York Times Co (NYT): James M Follo , EVP & CFO of New York Times Co sold 54,898 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $12.30 per share for a total value of $675,190.50 , 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 12, 2016, Kenneth A Richieri (EVP & GENERAL COUNSEL) sold 32,876 shares at $12.31 per share price.On Nov 30, 2015, R Anthony Benten (SVP, Finance & Controller) sold 6,600 shares at $14.05 per share price.Also, On Nov 20, 2015, James M Follo (EVP & CFO) sold 55,000 shares at $13.87 per share price.On May 28, 2015, Michael Golden (Vice Chairman) sold 76,667 shares at $14.14 per share price.

Shares of New York Times Co (NYT) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -1.25% at $11.86 with 4,52,766 shares getting traded. Post opening the session at $11.96, the shares hit an intraday low of $11.78 and an intraday high of $12.06 and the price vacillated in this range throughout the day. The company has a market cap of $1,909 M and the number of outstanding shares has been calculated to be 16,09,28,300 shares. The 52-week high of New York Times Co is $14.51 and the 52-week low is $11.48.

New York Times Co Money Flow Index Chart

The New York Times Company is a media organization focused on creating collecting and distributing news and information. The Company includes newspapers digital businesses and investments in paper mills. The Company’s businesses include The New York Times (The Times); the International New York Times (INYT) the international edition of The Times; its Websites and and related businesses such as The Times news services division digital archive distribution conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper and INYT is a daily newspaper. The Company’s content reaches its audience through its print products online and through other digital media including smartphone tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.

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