Newell Brands Inc (NWL) Files Form 4 Insider Buying : Raymond G Viault Buys 5,450 Shares

Newell Brands Inc (NWL): Raymond G Viault , director of Newell Brands Inc purchased 5,450 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $46.30 per share for a total value of $252,335.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, Mark Tarchetti (EVP) purchased 12,380 shares at $40.76 per share price.On Mar 1, 2016, Steven J Strobel (director) sold 9,713 shares at $38.96 per share price.Also, On Feb 16, 2016, Sole Domenico De (director) purchased 5,670 shares at $35.28 per share price.On Feb 12, 2016, Cynthia Ann Montgomery (director) sold 9,606 shares at $33.99 per share price.

Newell Rubbermaid: On Wednesday, May 4, 2016 heightened volatility was witnessed in Newell Rubbermaid which led to swings in the share price. The shares opened for trading at $46.34 and hit $46.81 on the upside , eventually ending the session at $46.68, with a gain of 0.15% or 0.07 points. The heightened volatility saw the trading volume jump to 35,41,504 shares. The 52-week high of the share price is $50.9 and the company has a market cap of $12,473 M . The 52-week low of the share price is at $33.26.

Newell Rubbermaid Money Flow Index Chart

Company has been under the radar of several Street Analysts.Newell Rubbermaid is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $50 .The Rating was issued on May 2, 2016.Newell Rubbermaid is Reiterated by B. Riley & Co. to Buy and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $50 .The Rating was issued on May 2, 2016.Newell Rubbermaid is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $54 .The Rating was issued on May 2, 2016.Newell Rubbermaid is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $51 .The Rating was issued on Apr 18, 2016.Newell Rubbermaid is Reiterated by Oppenheimer to Perform while Lowering the Price Target of the company shares to $ 36 from a previous price target of $40 . The Rating was issued on Feb 12, 2016.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing which designs manufactures or sources and distributes writing instruments and labeling solutions primarily for use in business and the home; Home Solutions which designs manufactures or sources and distributes a range of consumer products under various brand names; Tools which designs manufactures or sources and distributes hand tools and power tool accessories industrial bandsaw blades tools and industrial-labeling solutions; Commercial Products which designs manufactures or sources and distributes cleaning and refuse products hygiene systems material handling solutions and medical and computer carts and Baby & Parenting which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands including Sharpie Paper Mate Parker Calphalon Irwin Lenox Elmer’s Graco Aprica and Baby Jogger.

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