Newell Brands Inc (NWL) Files Form 4 Insider Selling : William A Iii Burke Sells 26,000 Shares

Newell Brands Inc (NWL): William A Iii Burke , President, Jarden Group of Newell Brands Inc sold 26,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $47.59 per share for a total value of $1,237,340.00 , 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 25, 2016, William A Iii Burke (President, Jarden Group) sold 26,000 shares at $47.59 per share price.On May 23, 2016, John K Stipancich (EVP, Chief Financial Officer) sold 10,407 shares at $47.39 per share price.Also, On May 13, 2016, Raymond G Viault (director) purchased 5,500 shares at $46.33 per share price.On Mar 14, 2016, Mark Tarchetti (EVP) purchased 12,380 shares at $40.76 per share price.

Shares of Newell Rubbermaid (NWL) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.06% at $47.14 with 33,10,848 shares getting traded. Post opening the session at $47.5, the shares hit an intraday low of $47.02 and an intraday high of $47.67 and the price vacillated in this range throughout the day. The company has a market cap of $12,643 M and the number of outstanding shares has been calculated to be 26,82,00,000 shares. The 52-week high of Newell Rubbermaid is $50.9 and the 52-week low is $33.26.

Newell Rubbermaid Money Flow Index Chart

On May 12, 2016, Newell Rubbermaid announced a cash dividend of $0.1900. The company’s management has announced May 26, 2016 as the ex-dividend date and fixed the record date on May 31, 2016. The payable date has been fixed on Jun 15, 2016.

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 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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