Northwest Pipe Co (NWPX) Files Form 4 Insider Buying : Harry L Demorest Buys 1,000 Shares

Northwest Pipe Co (NWPX): Harry L Demorest , director of Northwest Pipe Co purchased 1,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.31 per share for a total value of $9,309.60 , 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, Harry L Demorest (director) purchased 2,000 shares at $9.62 per share price.

Shares of Northwest Pipe Company (NWPX) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.24 points or -2.59% at $9.01 with 51,101 shares getting traded. Post opening the session at $9.09, the shares hit an intraday low of $8.93 and an intraday high of $9.26 and the price vacillated in this range throughout the day. The company has a market cap of $86 M and the number of outstanding shares has been calculated to be 95,73,371 shares. The 52-week high of Northwest Pipe Company is $23.11 and the 52-week low is $7.4608.

Northwest Pipe Company Money Flow Index Chart

Northwest Pipe Company is a North American manufacturer of large diameter high-pressure steel pipeline systems for use in water infrastructure applications primarily related to drinking water systems. The Company operates through two segments: Water Transmission and Tubular Products. The Company’s Water Transmission segment primarily produces steel pipeline systems for use in drinking water infrastructure. The Tubular Products segment primarily produces steel line pipe products for energy applications. The Company manufactures other welded steel pipe products for use in a range of applications including energy construction agriculture and industrial uses. The Company’s pipeline systems are also used for hydroelectric power systems wastewater systems and other applications. The Company also makes products for industrial plant piping systems and certain structural applications.

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